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Showing posts with label international trade. Show all posts
Showing posts with label international trade. Show all posts
Saturday, September 7, 2019

MMT Has a Big Hurdle to Overcome to Succeed in Europe — Carolynn Look

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Reporting about MMT that is actually accurate. Winning! Yahoo Finance MMT Has a Big Hurdle to Overcome to Succeed in Europe Carolynn L...
2 comments:
Monday, January 28, 2019

Isabella Weber — What drives specialisation? A century of global export patterns

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Globalisation has coincided with specialisation and wealth accumulation on unprecedented scales. By bringing together distant markets, glob...
Monday, January 14, 2019

Peter May — Modern Monetary Theory (MMT) and international trade

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This discussion has foundered on the rocks of semantics. The assertion is that imports are a real benefit and exports are a real cost. This...
Tuesday, August 7, 2018

Timothy Taylor — Some Facts on Global Current Account Balances

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Maybe the trade war with China isn't actually about MAGA at all, but just economic warfare against a rising competitor. If trade surplu...
Sunday, January 7, 2018

Aabid Firdausi — International Trade and Globalization: Are Benefits Truly Mutual?

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The euphoria around international trade and the general consensus regarding capitalism’s inevitable sustenance among countries of the Glob...
2 comments:
Wednesday, December 13, 2017

Dani Rodrik — The great globalisation lie

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Third way evangelists presented globalisation as inevitable and advantageous to all. In reality, it is neither, and the liberal order is pa...
Wednesday, December 6, 2017

Cloth for Wine: The Principle of Comparative Advantage 200 years on: Introducing a new free eBook

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Two hundred years ago, with a simple yet profound example about England trading cloth for Portuguese wine, David Ricardo introduced the Pri...
3 comments:
Sunday, April 23, 2017

Ingrid Harvold Kvangraven — 200 Years of Ricardian Trade Theory: How Is This Still A Thing?

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On Saturday, April 19th 1817, David Ricardo published The Principles of Political Economy and Taxation, where he laid out the theory of com...
13 comments:
Monday, April 3, 2017

JW Mason — A Cautious Case for Economic Nationalism

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How do we negotiate these three terms—nation-states, markets, and the people who we hope to represent within or against them? If you’re an ...
1 comment:
Tuesday, March 28, 2017

Warren Mosler — Border tax comments, Redbook retail sales, International trade, Consumer confidence

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Warren presents a simple model of international trade and taxation to illustrate Trumponomics. The Center of the Universe Border tax com...
5 comments:
Sunday, December 4, 2016

Vitor Mello — Using Minsky to Better Understand Economic Development – Part 1 & 2

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This year the global system has seen two major shocks: Brexit and Trump. What these events have in common is their populist rhetoric that p...
Monday, October 10, 2016

Neil Wilson — A Sterling Performance

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Why you can ignore most of what is written about floating rate currencies and why the commentariat always gets it wrong. As long as banks ...
7 comments:
Wednesday, March 16, 2016

Frances Coppola — Understanding balance of payments crises in a fiat currency system

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Frances appends a note to her post: As I don't wish to get caught up in arguments about whether governments do or don't create mon...
49 comments:
Saturday, January 30, 2016

Nils Herger and Steve McCorriston — FDI ‘waves’ and cross-border acquisitions

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Foreign direct investment (FDI) has grown markedly in the world economy since the 1970s. However, the underlying growth has occasionally be...
Sunday, November 29, 2015

Neil Wilson — Why economists fail at foreign

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Here's the post that Neil has been promising. As usual, false assumptions and wrong model. 3spoken Why economists fail at foreign ...
13 comments:
Friday, August 14, 2015

Dani Rodrik — Back to Fundamentals in Emerging Markets

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Useful post. I would take issue with the following assertion, however, which seems to be based more on ideology than fact. China’s econom...
1 comment:

David F. Ruccio — Only in America

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This past Tuesday, officials of AM General celebrated the production of a Mercedes-Benz sport utility vehicle for export to China in a fac...
Saturday, July 18, 2015

Ramanan — Ben Bernanke Embracing Heterodox Ideas

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Comparison of Ben Bernanke 2015 quote and Godley and Lavoie 2007 quote. Bernanke finally wising up? The Case of Concerted Action Ben Berna...
2 comments:
Friday, July 17, 2015

Merijn Knibbe — The 10% of GDP Greek *surplus* on its services trade balance

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Yesterday, as part of an attempt to raise the level of discussion about the Eurozone problems, I spent the better part of ten minutes to do...
Saturday, April 25, 2015

Ramanan — Free Trade? Heterodox Dissent

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Useful quotes from Joan Robinson and Wynne Godley. Definitely keepers. The Case For Concerted Action Free Trade? Heterodox Dissent Ramanan
5 comments: