Category Archives: Globalization

Firms’ Global Market Power and Its Implications, Such as Lower Income Share to Workers

An attempt to look at the effects of the existence of international companies with market powers shows there are reasons to be concerned.

Wolf Richter: Beyond the Hysteria About Auto Tariffmageddon

After decades of relentless offshoring, the equation may change for auto and component makers.

May’s New Brexit Trade Scheme Dead Before Arrival

Spain tells Theresa May to quit wasting her time on trying to sell the EU27 on a special Brexit trade scheme.

Brexit: Chaos Visible

As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.

Why Italy’s Crisis Is the Left’s Crisis

Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.

Some Notes on Trump’s Trade War Threat

Some observations about the Trump-China spat.

Backstabbing Over Cows

The trouble with cows….

More Brexit Insanity: Corbyn Proposes Dead-on-Arrival, Misbranded “Soft” Brexit; Auto Part Makers to Take Huge Hit; Irish Border Groundhog Daze

Brexit madness is only getting worse….

More US and China Jousting Over South China Sea

The US-China conflict over the South China Sea keeps getting hotter.

Wall Street Journal: Why Bashing Chinese Steel Dumping Results in Bashing Allies

Why combatting Chinese steel dumping is harder than it seems.

China Rx: How the US Depends on China for Its Drugs

Why does China need a military? It could bring the US to its knees in months by withholding shipments of drugs and drug ingredients.

Trade Wars: How Exposed Are EU States and Industries to the US?

Taking a more granular look at how a trade war with the US might hit the EU.