EU competition policy should not be sacrificed but trade policy should be strengthened In February 2019, Margrethe Vestager, the EU Competition Commissioner, blocked the proposed rail merger between Siemens and Alstom (European Commission 2019). But,…
By Howie Klein. Published at DownWithTryanny! The Deseret News in Utah is far more conservative than the Salt Lake Tribune. But last week, the paper’s ran an OpEd that one wouldn’t expect to see in…
Yves here. This post describes how efforts to tackle the bad loan problem at Eurozone banks have made a dent, but still leave banks in countries that had a high level of non-performing loans at…
EU competition policy should not be sacrificed but trade policy should be strengthened In February 2019, Margrethe Vestager, the EU Competition Commissioner, blocked the proposed rail merger between Siemens and Alstom (European Commission 2019). But,…
I’m always a bit skeptical when I hear talk about a recent trend toward “deregulation”. There is no doubt that regulations in a few areas have been relaxed, particularly environmental rules (such as burning coal).…
Long before Adam Smith wrote Theory of Moral Sentiments or Wealth of Nations, Joseph Addison and Richard Steele began their own project to portray and educate the rising merchant classes of 18th century London. Their…
By Lambert Strether of Corrente. Trade “From window curtains to fireworks, American importers are struggling to find alternative suppliers for the goods they bring in from China. An analysis of federal import data shows China…
The transcript from this week’s MIB: Jonathan Stein, founder and CEO of Betterment, is below. You can stream/download the full conversation, including the podcast extras on Apple iTunes, Bloomberg, Overcast, and Stitcher. All of our earlier podcasts…
Psychologist Dan Ariely, who writes an “Ask Ariely” column in the weekend Wall Street Journal, leads in last weekend’s column with a psychological explanation of a phenomenon that often arises in auctions. In doing so,…
By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. After deadlines and poor weather have kept me cooped up indoors for…