How Global Value Chains Distort Trade Data
September 7, 2021
Matthew C. Klein and Michael Pettis— The drive south across the Detroit River from the U.S. city of the same name to the Canadian city of Windsor only takes about… READ MORE
Tag: global economics
What’s Wrong With Economics?
April 29, 2021
Robert Skidelsky— The need for economists to think about economics became apparent after the global financial crisis of 2007–2008. Few economists predicted the crash; more damningly, few envisaged the possibility… READ MORE
Why Income Inequality Matters for Global Growth and Trade
June 11, 2020
Matthew C. Klein— The distribution of income has macroeconomic consequences. Under certain conditions, income concentration (rising inequality) can make society as a whole more prosperous. Other times, such as in… READ MORE
Running on Fumes
July 9, 2018
Dieter Helm— Fast-forward to 2050—almost thirty-five years from now. What will the world look like? How will technology have transformed our daily lives? Will it be a world of robots… READ MORE
Between Memory and History