Dinner at my desk listening to the Melbourne Ring (Das Reingold) on @ABC. Following the fabulous Rudolph Sabor translation (@Phaidon).
“Under-reported births at the local level seem to explain why the [CHN ] marriage squeeze may [be exaggerated]”::news.ku.edu/2016/11/22/stu…
A big disruptor if it works “…factoring large numbers into primes may not be as difficult as currently thought”phys.org/news/2016-11-q…lL
[Per-cap GDP in] “Cuba and Hong Kong were identical in the 1950s. But the two nations then conducted an experiment”::danieljmitchell.wordpress.com/2016/11/26/pra…
@alanbeattie Still, they’re (he’s) great with villains. Tommy Lascelles steals every scene…
… and even, you know, HRM. Power disappoints; constitutional power disssapoints gravely. (But hey, lots of luverlytwitter.com/i/web/status/8…94tt
If the second tiret is not the most idiotic statement in the NYT, then it is certainly the most prominent. pic.twitter.com/EnUnW7KdMw
CatoTrade Selection of DiMicco & Lighthizer is awful news. Neither has met a tariff he didn’t like or a trade agreement he di..twitter.com/i/web/status/8…rb
#TPP stillborn? Obama’s “pivot” against CHN proves to be a pirouette? Figures. Trade agreements are mostly about home mkt not for. policy.
Using threats to CHN FDI to ‘change CHN’ is madness. Will hurt US, AU more than CHN trade barriers. God save us fro..twitter.com/i/web/status/8…7o
Precisely! “What makes computers great is their malleability through software…” leancrew.com/all-this/2016/…J0c0
Trump’s impossible triad: he says he can cut taxes, boost spending and reduce trade deficits (rescue mfg). Nope::marginalrevolution.com/marginalrevolu…
Crises in US (& global) balances in the past century were due not to trade or demand but to government mismanagement:theaustralian.com.au/opinion/column…
Speaking (softly) of overlords “…Don’t mess with companies that you store your entire digital life with.”arstechnica.com/gadgets/2016/1…K6
#Trump gaucheries, blunders, abuse as political innovation (delayed and disruptive)::overcomingbias.com/2016/11/trump-…
Will #Trump doom the EU: “the most elitist, anti-democratic project in recent history”? Nah! Make it squirm, maybe::theaustralian.com.au/business/opini…
Surprising (but it shouldn’t be!) fact: almost all #TPP benefits + none of the costs can be had without TPP at all::brookings.edu/blog/order-fro…
Evidence US workers in ’70s-’80s had flat/falling lifetime incomes. Later cohorts did no better (H/T @tylercowen)::scholar.princeton.edu/jweidner/resea…
@research_trade Only if #RCEP happens :)
research_trade @pwgallagher But India has FTAs with 14 countries on that diagram.
Graphic shows only SIN & VNM have fully hedged their trade bets (altho AU plans to do the same). IND least linked;..twitter.com/i/web/status/7…fD
In 2000, #WTO found (DS152) unilateral action under S301 wd violate the WTO disputes treaty. Trump wd buy a global fight he doesn’t want.
@HenryErgas argues (theaustralian.com.au/opinion/column…) S301 is Trump’s weapon against trade ‘enemies’, but that cannon is cracked & will blow up…
dikenson I am less bearish about the direction of President Trump’s trade policy than I probably should be. But here’s why: bit.ly/2ePyEv2
Sure, but it’s… um, tickintwitter.com/SamKSS/status/…6y
Friends, pls get over this “CHN has won” stuff. CHN a huge economy, key partner. Still not a global power. #RCEP a stew of regn’l interests.
ABC (AU) radio asked me should AU “free traders” learn from Trump victory. Mmm… Too late! We have near zero avg duties now eg CHN FTA.
@SimonEvenett Yes. I agree that is the key point (not well expressed). If “elites’” reputation is deserved, they had better get on to it.
SincDavidson What if Elite Experts are Wrong About What They Supposedly are Experts About? coordinationproblem.org/2016/11/what-i…
“Trump~Brexit” analogy is not very convincing. Except each is a popular (USA: strong) rejection of the entire political establishment.
@tylercowen projects Trump policies from his business behaviour (bloomberg.com/view/articles/…) but @gregmankiwblog shows why this is likely wrong
tylercowen Maybe Trump University will succeed in teaching a few Keynesians that an increase in gdp is not the same as a boost in social utility.
Of course it’s worrying that governments are screwing up valuable economic integration… But it’s not just Trumptheaustralian.com.au/business/opini…jW
veroderugy Donald Trump Won but What’s Next? bit.ly/2ekZtJ7
StockCats the sad thing is that the media is going to to ask the same people that got everything completely wrong what they think happens now
America is “on a precipice” wail NYT editors. The actions of the candidates and President so far demonstrate that is, of course, just crap.
Or not. “What’s amazing is how many times the news media has missed populist movements that have been rocking…” nytimes.com/2016/11/09/bus…6fht
timleunig Worth celebrating. twitter.com/HistoricalPics…
Economic policy? Trade? So you’re pessimistic about Trump. But did you think Obama was making it work? Did you expect better from Clinton?
Though risky, this could be renewal. Trump appealed strongly to the dissatisifed; Clinton to those who hoped they’d get more of the same.
The @ozprodcom shouldn’t need 12 months. Gary Banks’ “To Do List” (pc.gov.au/news-media/spe…) is still the right call::theaustralian.com.au/national-affai…
“Machine learning is like money laundering for bias…” – The always interesting, provocative Maciej Cegłowidlewords.com/talks/sase_pan…YhDq
Great roundup: concise, documented, sane. @B_Eichengreen on whether globalization’s “over” yet tinyurl.com/jcf7dwp