Category Archives: Globalization

Shipwrecked by Rents

The costs of imperial rent-seeking.

Brexit: Standoff

Will Johnson pull the Brexit plug today, or decide to fight another day?

EU Wins WTO Ruling on Boeing Subsidies, Following WTO Ruling for the US on Airbus Subsidies. Tariff War On?

WTO rulings on tit-for-tat aircraft manufacturer disputes look likely to produce dueling tariffs at least in the near term.

What Should Europe Expect from American Trade Policy After the Election?

Biden promises to go back to an old normal. But how realistic is that on the trade front?

Citi’s Recidivist Rule-Breaking and Incompetence Shows Persistence of Too Big/Complex to Fail Problem

Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.

Low Labour Shortages Can Help Explain Sluggish Wage Growth

Real-time indicators based on qualitative survey data provided an overly optimistic picture of labour market conditions and wage growth in the aftermath of the Great Recession.

Rana Foroohar and Mark Blyth: How Deep Will the Depression Get?

Rana Roroohar and Mark Blyth discuss the elections, tech, China, and Covid v. recovery with Paul Jay.

Brexit: Running the Clock Down

Why Brexit motion should not be confused with progress.

Covid-19 and the Global Addiction to Cheap Migrant Labor

The Covid-19 pandemic has highlighted the world’s structural dependence on exploitable labor.

Brexit: Confrontation

The Brexit process is as ugly as ever.

How Donald Trump Abandoned Workers After Promising to Bring Manufacturing Back to the U.S.

Restoring manufacturing to the US is a tall order. Not surprisingly, Trump’s approach has been unserious.

Why isn’t Donald Trumpeting His Foreign Policy Record?

The Trump team are more than skilled enough to manipulate their presentation of foreign achievements as successes if not triumphs.

We Must Defeat the US Trade Deal

Why signing up to a US trade deal would mean a loss of sovereignity for the UK.

The “Crew Change” Crisis: 300,000 Seafarers Trapped. Will International Trade Grind to a Halt?

Will governments, unions, international organizations, and ship-owners be able to collaborate to solve the growing “crew change” crisis?

Importing Inequality: Immigration and the Top 1%

Data from UK tax records with new information on migrant status to show that that migrants are highly represented at the top of the UK’s income distribution.