Benn Steil: What If Japan Becomes Treasury’s First Currency ‘Manipulator’ in 22 Years?
byIn May, Japanese Finance Minister Taro Aso and colleagues warned of their willingness to intervene in currency markets to counteract upward pressure on the…
Free Trade
A Plan to Engender Prosperity in Perfidious Albion – from Pariah to Paragon
by“The state is that great fiction by which everyone tries to live at the expense of everyone else.” “When goods do not cross borders,…
T-TIP: Salvation or trash-tip?
byPresident Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be…
Surviving Mission Creep
by“So there is another reason why Europe isn’t growing and it’s one the central bank can do nothing about. Namely, the 19 governments of…
The triumph of the invisible hand
by“By virtue of exchange, one man’s prosperity is beneficial to all others.” Frédéric Bastiat. It remains one of the most powerful metaphors in…
Eugen Böhm von Bawerk: OPEC’s Doha Dilemma: 3mb/d US lock in?
byAnother month, another flight to Hamad international airport for 17th April after initial agreement to hold ‘upstream horses’ in February 2016. While it’s no…
Benn Steil: The Trump-Sanders China Syndrome
byPresidential candidates Donald Trump and Bernie Sanders, with a phalanx of lawmakers behind them, continue to bash China as a “currency manipulator.” Both men…
Zero Hedge: About That “Surging” Chinese Trade Data, There Is Just One Thing…
bySource: http://www.zerohedge.com/news/2016-01-13/about-surging-chinese-trade-data-there-just-one-thing While Chinese New Year seasonals are undoubtedly one factor in last night’s “surprisingly good” Chinese trade data, the following chart shows the…
Venezuela’s Bizarre System of Exchange Rates
byBy Emiliana Disilvestro and David Howden Venezuela is currently going through its worst crisis in history, replete with an endless list of interesting problems….
What’s right with the Trans-Pacific Partnership?
byThe TPP may boost real-incomes by $285bln by 2025 US Congress should approve the TPP to avoid international political embarrassment The TPP may be…