Freedom to travel, by Scott Sumner

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).…

2:00PM Water Cooler 6/17/2019

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…

Links 6/17/19

Largest world stock of animal-killing virus destroyed by UK lab BBC Why sleeptrackers could lead to the rise of insomnia – and orthosomnia Guardian In Pablo Picasso’s Studio During the Nazi Occupation of Paris Literary…

The Inverted Yield Curve

Yves here. As the old saying goes, “The yield curve predicted nine of the last five recessions.” By Inês Gonçalves Raposo, an Affiliate Fellow at Bruegel who previously worked for the Financial Stability Department of…

Human development in the age of globalisation

Wellbeing is widely seen as a multi-dimensional phenomenon affected not only by material goods, but also health, education, agency and freedom, environment, and security (Fleurbaey 2009, Stiglitz et al. 2009). Among the multidimensional approaches to…

Book Review: Chris Arnade’s “Dignity”

“When the Pharisees saw this, they asked his disciples, ‘Why does your teacher eat with tax collectors and sinners?'” —Matt 9:11 By Lambert Strether of Corrente Those who have followed Chris Arnade on Twitter or…