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%?
Some pretty amazing illusions.
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.
On Monday of this week, I participated in the inaugural event of the Daniel Hannan’s London-based Institute for Free Trade that celebrated the 200th anniversary of the theory of comparative advantage.
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.
I’m always on the lookout for ideas that can get broad bipartisan support and, you know, address actual problems. So thanks to The Economist’s Ryan Avent for a great piece on what to do for those left behind by globalization.
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.
The other evening on Twitter, I asked this question: “Who are the greatest living Americans that both the left and the right can agree on?” Here are the (entirely unscientific) results.