By Jonas Meckling and Llewelyn Hughes In the run-up to the Paris talks at the end of the year, governments are preparing their strategies to negotiate national emissions reduction targets. But elsewhere, a different battle is unfolding as firms and governments compete to try to capture the benefits of the rise of the new green … Continue reading »
trade
Nike, Obama and the Trans Pacific Partnership fiasco
On Friday, President Obama chose Nike headquarters in Oregon to deliver a defense of his proposed Trans-Pacific Partnership. It was an odd choice of venue. Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem. It’s true that over the past two years Nike has added 2,000 good-paying professional jobs at … Continue reading »
Guns, germs, and steel…and economics
“Classic” books are few and far between but Guns, Germs and Steel by Jared Diamond is one of these rare classic books written during our lifetime. It aims to answer the question why the people of Eurasia fared better than people in other regions. The explanation takes the reader through human history over the last … Continue reading »
The real economic lesson China could teach us
Highlighting the summit between Chinese President Hu Jintao and President Obama is China’s agreement to buy $45 billion of American exports. The President says this will create more American jobs. That’s not exactly right. It will create more profits for American companies but relatively few new jobs. Nearly half of the deal is for two … Continue reading »