Assorted links
1. “Blaming the Republicans” is used as a false substitute for “rejecting the doctrine.” We can do both!
2. The Great Factor Price Equalization; in this framework I have been focusing on our inability to move U.S. labor up the value chain of production with new, complex ideas. You can discuss the causality in a number of different ways, such as putting more causal emphasis on how outsourcing has chipped away at the previous networks of production.
4. Markets in everything: snore absorption rooms.
5. Disputes over the size of Chinese debt.
6. Poor choice of words. And how can the now-expensive city of Budapest make that list?