An analysis of BEA data on state GDP and Census Bureau data on state international trade flows for 2016 shows that many US states are highly globalized. What explains the highly globalized nature of some states, and what are the trade policy implications when the international trade shares of some state’s GDP are more than 20%?
Buying into the image of Soleimani’s all-pervasive presence and influence in Iraq may actually be fulfilling the goals of Soleimani himself.
Republicans won an unparalleled control of state governments at a time when Barack Obama and Democrats were dominating on the national stage. They did it by ignoring Washington and offering up better ideas to improve the lives of citizens in their states. That is what Ed Gillespie is doing in Virginia today, and it is why he can win.
It is hard to imagine that our national descent into political contempt could get any worse than it did this week. At some point we have to pull up out of this downward — before it’s too late.
As unconventional power generation, driven upward relentlessly by government, increases the risks and likely future costs of power outages, it is an unfortunate reality that a second-best policy of additional offsetting favoritism is likely to be the best that we can do.
A comparison of the Fortune 500 companies in 1955 and 2017 reveals that only 59 (fewer than 12%) of companies have managed to remain in that group for the last 62 years. What economic lessons can we learn from that churning and Schumpeterian “creative destruction”?
Earlier this month the US pulled out of UNESCO. Perhaps it’s time they did from the World Health Organization as well, or at least cut its budget.
It is premature to claim that the Trump Administration’s executive order on healthcare will lead to an unraveling of the ACA exchanges.