Philip G. Hoxie When it comes to trade, other countries are quite literally sending us their best. As I discussed in my recent essay, the costs of shipping goods from country to country means that higher value goods from more productive firms are more likely to be traded. This is called selection into trade, an idea pioneered by economist Mark Melitz. Selection into trade arises because when a good is traded from an exporting country to an importing country, […]
Na tarde desta segunda-feira, 7, um incêndio atingiu a área externa do anexo do Ministério da Educação (MEC), em Brasília. Em consequência, o prédio foi esvaziado. O Corpo de Bombeiros controlou rapidamente as chamas por volta das 17h, e ninguém ficou ferido. Na tarde desta segunda-feira (7), um incêndio na área externa do anexo do Ministério da Educação (MEC), em Brasília, fez com que o prédio fosse esvaziado. Imagens mostram grande quantidade de fumaça no local. Leia mais […]
Massachusetts is in the midst of prosecuting people who patronized a fancy sex business near Harvard University. It’s been big news in certain corners, spawning salacious stories about the doctors, politicians, and tech executives who were on the club’s client list. But the most novel thing about this prosecution is what it’s missing: a wild yarn about sex slaves. The framing of this story is refreshing, after more than a decade of similar stories getting starkly different treatment. […]
What societal purpose do private companies serve, and what are their roles in society? Those questions segue to a recently trendy topic, corporate social responsibility (CSR) or the interchangeable term “stakeholder capitalism.” Over the past several years, the idea that companies have a responsibility to the broader society beyond their shareholders has received wide attention from NGOs, government and even industry groups (e.g., the Business Roundtable). This contradicts the long-held principle that companies achieve social welfare objectives in […]
President Donald Trump’s tariffs vaporized $6 trillion in value from the stock market in just two days of trading last week—and the bloodbath continued on Monday morning. Here’s the bad news: That’s not the end of the bad news. As ugly as the stock market losses have been, the big hit from Trump’s tariffs probably haven’t even arrived yet. As always, the stock market is not the economy—it’s an aggregated indicator of what investors think the economy will […]
In December, I wrote about a misconduct complaint filed against Judge Stephen Vaden of the Court of International Trade. The complaint charged that the Columbia boycott violated the code of judicial ethics. Today, the Seventh Circuit Judicial Council dismissed that complaint. Here is the crux of the analysis concerning the boycott: Except to the extent prohibited by these regulations and guidelines, judges have wide discretion to establish their own screening and selection criteria in appointing law clerks. This […]
This is legitimately the nicest looking chart I’ve seen in a very long time. And it’s a smaller cap miner. One company I’d actually go long on (it’s mostly physical for me and trading the rallies on the side) and I think the video is pretty comprehensive. Pls give it a watch and feedback is greatly appreciated. If the beginning is too slow/boring just skip to around 25% video Thanks apes! submitted by /u/blownase23 [link] [comments]
My back-to-work morning train WFH reads: • Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025: Through April 2 The Budget Lab modeled the effect of both the April 2nd tariff announcement in isolation and all US tariffs implemented in 2025. The April 2nd action is the equivalent of a rise in the effective US tariff rate of 11 ½ percentage points. The average effective US tariff rate after incorporating all […]