insteconomics David Uren writes up my forthcoming Cato Institute paper on The G20 and Global Governance theaustralian.com.au/national-affai…
Trade negotiations are discovery. When it finally takes shape, original design may be useless or wrong. Sometimes you need to start again.
Meh! Show me a trade negotiation that hasn’t “failed” at some point and I’ll show you one that probably should have. twitter.com/blakehounshell…
Still, after B’s death, Hobhouse (later Baron Broughton) showed more concern for his own “fame” than Byron’s legacy. twitter.com/ClayFJohnson/s…
DARPA will fund “explainable artificial intelligence”: AI that explains how it learns. A kind of self-awareness?::darpa.mil/attachments/DA…
Cost of barring CHN FDI in AUSGRID: “New investment and technology transfer from the biggest utility in the world…”theaustralian.com.au/business/opini…NP
@JPTrachtman @rodrikdani @JosephEStiglitz @snlester mostly agree. Still “prem. de-indust’n” may be a thing. DR a smart/naive contrarian.
In 1990s I helped Vic dairy farmers pull-down national regult’d milk-price. $bn quota buy-outs. Never let govt. back into dairy pricing!
No doubt MurrayGoulburn coop screwed-up its pricing strategy (w/ farmer shareholders) but govt has no role setting prices, bullying firms.
Turnbull rhymes “Australia” with “Venezuela”: govt will not allow “poor business decisions… to erode the dairy indytheaustralian.com.au/national-affai…cn
I wrote my MP (@timwilsoncomau) lamenting Turnbull’s attack on banks over prices. I asked who would be next? Dairy? Supermarkets? …One down…
Turnbull bullies another company on prices: co-op OWNED by the businesses complaining. Who is more feckless: shareholders or Prime Minister?
#FirstSevenLanguages
MSBasic-80
Turbo Pascal
Hypertalk
ThinkC
Oberon
Perl
R
@tylercowen “…the message seems to be that not going nuclear was an even bigger mistake than we had been thinking”marginalrevolution.com/marginalrevolu…by
Proof that iPhones cost too much? Still, oil prices and promised trade, investment protection will stop this slide. twitter.com/Mark_J_Perry/s…
Not the first (or last) attempt to make foreigners wear the consequences of poor US econ. pol. choices #brettonwoods twitter.com/D_A_Irwin/stat…
aus_business Australia is no longer open for business, writes @GlendaKorporaal bit.ly/2aQbulc pic.twitter.com/2O5tngGlMQ
Many HKG, SGP, MSY, CHN firms supply capital, tech, infrastructure in AU. Treasurer’s interference will hurt us::theaustralian.com.au/national-affai…
“Australia seems to be making up its foreign-investment policy on the run” Populist (& worse), high-handed, obscure::theaustralian.com.au/opinion/ausgri…
Fashion_Museum Light brown silk pelisse worn by Lady Byron (Arabella Millbanke) on her wedding day in 1815 pic.twitter.com/0qbVfajemU
Rather than haul banks before Parlt. for refusing to pass on official rate cuts, govt. shd increase bank competition:macstories.net/news/apple-res…
How long (Oh Lord, how long?) before the NYT editors understand that we got it: they’re zealously anti-Trump? Now can we have actual news?
@snlester Thanks. Have long thought the “optimum tariff” story was the “string theory” of trade. Possibly elegant, certainly irrelevant.
Oops… Should be ‘Staiger’. Apologies.
Um… sorry. Don’t recognize any of Bagwell & Steiger’s “purposes”. Guess they must be cleverly disguised..twitter.com/TradeNewsCentr…FZkd
The elites’ scorn for the “ignorant masses” of #leave has a 19th century precedent in condemnation of the Chartists::spiked-online.com/spiked-review/…
“Market-failure”? If only! Health’s burdens, rather, are govt. failure & the self-interested jabber of rent-seekers::theaustralian.com.au/national-affai…
“Great openness requires greater governments” Discuss… expanding, refining “greater”twitter.com/SimonEvenett/s…l0
“If they decide not to pass on an interest rate cut they’re going to have to front up to (Parlt.) and explain…twitter.com/SincDavidson/s…XB
SimonEvenett For my acct of the catalogue of failure that has been the governance of the world trading system in 21st century C voxeu.org/content/brexit…