As the Trump Administration continues it destructive assault on the foundations of US prosperity (in this case on the "brain gain" that fuels American innovation), it is fair to ask "Cui bono" - who benefits. My answer on the Trump I policies is aging nicely: papers.ssrn.com/abstract=446....

"The world's richest man logs onto the platform he bought to yell at the AI he had built for fact-checking conservative mega-influencer Catturd2" is a sentence so stupid that future history books may just skip this decade.

Super interesting paper by @monapaulsen.bsky.social and @ciuriakd.bsky.social advocating for the establishment of a Caucus of small, open economies as a new, informal group to facilitate a collective response within the @wto.org. A must read: papers.ssrn.com/sol3/papers....

I'm not a fan of the yah-boo British parliamentary culture at all, but I do feel that when someone lands an absolute zinger of a question like this and literally brings receipts, there should at least be a chant of "NICE ONE MAGGIE" from the public gallery or an airhorn or something.

Intriguing proposals for collective action at the WTO, drawing on GATT history to confront the current moment. From the always insightful @monapaulsen.bsky.social and @ciuriakd.bsky.social

Nope. See: "Populist Trade Economics and the Political Economy of Populism," papers.ssrn.com/abstract=504.... It's about income distribution and the changes wrought by technological change.

Cass is off-base in his critique of comparative advantage and Noah Smith is off-base in saying Cass makes a "useful substantive point" on this. See Misunderstanding America: A Journey Through Trade Economics with a Broken Compass papers.ssrn.com/abstract=509.... www.noahpinion.blog/p/the-anti-e...

A "mis-step"? Is it any different if racism and institutional viciousness results in deportation of a man who worked namelessly on building a railroad or someone who would go on to build technology for your adversary, making him your adversary in the process? www.nytimes.com/2025/05/30/o...

The Unbearable Incoherence of Unworkable Policies.

As @ciuriakd.bsky.social says, just set one up across the border in Nova Scotia. Authentic weather, authentic accents.

I'm sure Canada would welcome Harvard to establish a campus a short ferry ride away from Cambridge Mass. in Nova Scotia - Harvard North in the True North, Strong and above all Free.

First Trump fell out with Taylor Swift and Bruce Springsteen and now he’s got the Moody’s Blues. #coat

In my contribution, I show how the reciprocal trade formula works when you put it into a standard trade model. But first, let's identify the countries that rip-off the US - and the countries that the US rips off. I show the same chart for Sweden. In trade, everybody is ripping everyone off!

As we approach tariff shock week, it is useful for Canadians to recall that we've been there before - many times actually. policyoptions.irpp.org/magazines/ju... - each response to trade shocks involved trade liberalization! That's one reason why Canada is still standing, bruised but not bowed.

The 24th of February was always going to have its portrait go up on the Wall of Infamy. Now it gets to have it twice with the US siding with Russia in a UN vote on the 3rd anniversary of Putin's 3-day SMO. www.nytimes.com/2025/02/24/w.... Feckless thy name is United States.

On the “Nixon Measures” of 1971

This is the most relevant article to NIH and research cuts I’ve seen. Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !” globalnews.ca/news/9793403...

“If Canada were to follow suit and blame foreigners for our mistakes, Canada would have a legitimate case to impose massive tariffs on US exports in response to our opioid crisis. But our crisis is our fault, just as the US is theirs.” By @ciuriakd.bsky.social www.asiapacific.ca/publication/...

Actual journalism: www.wired.com/story/elon-m...

New from me: "The Consequences of the America First Trade Policy: What We Learn from the 1971 Nixon Measures" - papers.ssrn.com/abstract=511.... Here's the skinny.../x

On 26 April 1937, when Guernica was crowded on market day, Hitler bombed, a defining act of terror. On 5 October 2023, when the locals in Hroza, a village of 110 was gathered for a wake, Putin sent a missile, killing half the population, an act of terror. History's horrors echo.

As I look out my window there is blue sky. Time to start here. So, new from Anna Artyushina (socioanna.bsky) and me www.cigionline.org/articles/can.... The age of machine knowledge capital is the new Big Bang. The nerdy backgrounder: Trading AI papers.ssrn.com/abstract=450...