Watching “One hundred Years of Solitude” on Netflix (I’ve been waiting for this for years) and it’s as good as it possibly could have been. So recommend but not as highly as I recommend reading the actual book. 🧵

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1/3 I expect that there will be many angry responses from those for whom tariffs are mainly a litmus test for evil, but in this piece I make what should be the uncontroversial claim that tariffs are simply one of many different industrial policies. www.ft.com/content/3c95...

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1/8 There are many reasons to be concerned about Trump's trade policies, but to worry that Trump will usher in a new era of protectionism either reflects enormous confusion about trade or assumes that only the US has agency. www.ft.com/content/66d9...

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For those who haven't done the math, in the three months from August to November, CPI prices in China have declined at an annualized rate of just over 3.5%.

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Kapalı içerik

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