The most important part of the Rehmet campaign (in my humble opinion as a local political scientist whose opinion nobody asked for) is that Rehmet ran as a union man. Rehmet is a union president, and this was an unapologetically pro labor campaign.

Max is right. The strategy has to be about creating momentum that brings everyone along. On capital market integration in particular, this means strengthening existing EU initiatives - not running a six-member-state sideshow. From what I understand, that’s the direction for now.

EU consumers could be predictably stirred with the kind of “Buy European” subsidies proposed by economists, opens new tab such as @sandertordoir.bsky.social at the @centreeuropeanref.bsky.social. www.reuters.com/commentary/b...

Maryland Governor Proposes Legislation Targeting Dynamic Pricing in Grocery Stores library.thecapitolforum.com/docs/98a8y2r... #$GTM #$ZETA

"Who is going to get out to vote for nebbishness when federal officers are shooting American citizens in the street? People are angry and they want someone who will fight for them. It seems impossible to fight the fires of Trumpism with the tepid water of centrism." open.substack.com/pub/thebulwa...

Germany bizarrely failed to equip its new EV demand subsidies with soft - easily available off the French and British shelf - buy European clauses to cut China out. But I strongly suspect the Nordics, Germany, Netherlands and UK will build their wind energy with their own /allied tech.

to the extent that there is a “carrot” to trumpism it is the same carrot that slaveholders offered to lower class white men: “you can be an overseer”

Motion Picture Association Urges USTR Investigation of Canadian and Australian Laws, But Stops Short of Filing Petition to Trigger Probe library.thecapitolforum.com/docs/97rez39... #$AMZN #$DIS #$GOOG #$GOOGL #$META #$NFLX

I am so excited to share that registration for the first-ever PEOPLING POLITICS SYMPOSIUM is now open! Please join us on March 5 at the Hopkins Bloomberg Center in Washington DC for an amazing lineup of speakers and discussions. RSVP at go.rutgers.edu/peoplingpoli...

We’re launching the new Canada Groceries and Essentials Benefit. That’s going to put hundreds of dollars more into the bank accounts of over twelve million Canadians, starting this year.

On 28 January, @bcoeure.bsky.social will join the closing session “Regulation, Deregulation, “Get Transactional”: European Rules in the Eye of the Storm” at “BruxConference 2026: Rebuilding Europe’s Sovereignty” organized by @cristinacaffarra.bsky.social in Brussels. bruxconference2026.com

Foroohar was making the point that we need post neoliberal trade policy years before Carney’s remarks. Good that Carney has broken through, but unfortunate that it only happens if an ex central banker says it at Davos. Kudos to the FT for running true diversity of economic thinking all along.

In light of Carney’s Davos comments, it is worth revisiting this piece in Foreign Affairs by Katherine Tai on the original Bretton Woods vision for trade. It was pragmatism grounded in principle, but those principles never made it into the “rules based order.” www.foreignaffairs.com/united-state...

“Overreliance on AI weakens critical thinking and creative skills, while monopolized control of these systems raises concerns about centralization of power and inequality.” Pope Francis criticized neoliberalism, and Pope Leo is addressing the relationship between monopoly and inequality.

Great assessment. Interviewer's statement - markets like global integration - is important. Market forces were meant to be the driver of the post-Cold War order. But monomania over the upside of integration and failure to see the risks ultimately destabilized the whole system. Cf. Bretton Woods '44

This is a great development - someone who cares about making things here, is not isolationist, and objects to the exploitation of workers. Correcting for decades of offshoring isn't easy, as the piece recognizes, but it's important, as a matter of community. www.youtube.com/live/W2ydDnG...

I'm excited to announce I'm doing a new Bloomberg column about the business of fashion. The first column is about how we can re-shore US garment manufacturing. Instead of mass deportations and raising tariffs, I argue the government should move the industry upstream: tinyurl.com/reshoringapparel

Looking forward to it!

This is important to think about when it comes to trade policy, too. The myth persists that there is a free market in agricultural products, but way too many American farmers -- the supposed beneficiaries of these policies -- have been suffering for decades.

EU trade blob wasted 2021-2024 bleating about the WTO Appellate Body and the IRA. The belated epiphany that it's not 1995 anymore is welcome. I did say last year that once the Europeans were responsible for their own defense, their relationship with the WTO would change. www.ft.com/content/2f5e...

Really looking forward to this! 👏

“I want my students to have a broad conception of history so that when they go out and practice law, they have an understanding and appreciation of how nuanced and complex history is." provost.gsu.edu/2026/01/20/f...

4/7 the costs of transmitting capital have all fallen close to zero), you can have a stable system only when all major economies choose either high levels of global integration or high levels of economic sovereignty (to use Dani Rodrik's framing).

2/7 open external accounts began to implement trade restrictions and otherwise control their external accounts. It started earlier, when economies that controlled their external accounts implemented trade and industrial policies that led to beggar-thy-neighbor trade surpluses.

The labor share of GDP is lower today than it has been at any time since records began being kept in 1947. The share of the nation’s income going to workers has fallen 16 points in that 78-year stretch. The share going to capital has risen by the same amount. prospect.org/2026/01/19/a...

Labor is supposed to share in gains from productivity, but it hasn't since the 1970s. Automation, offshoring - it's ultimately about union-busting and the loss of labor power. This of all days is a good time to remember that the March on Washington was the March on Washington for Jobs and Freedom.

A lot of the criticism of Carney's prelim deal with China seems to ignore the fact that U.S. policy is to squeeze Canada out of the supply chain. Isn't that the real existential threat to Canadian industry, rather than a (small?) tariff rate quota for China? www.whitehouse.gov/presidential...

The best he can do in response is gin up a pretty pathetic yarn that he would be the guy putting other intellectuals to the wall, and buddy, ain't going down like that

I am looking forward to participating on this panel at our upcoming Stone Center symposium. See the full agenda and register here: shapingwork.mit.edu/events/why-w...

Looking forward to this conversation!

It’s the same with tax: the US won’t tax its big corporations very much, and will also bully other countries to make sure they don’t either. thefactcoalition.org/oecd-side-by...

Great article. Kudos to @publiccitizen.bsky.social for the underlying report. Seems if we don't regulate our multinational companies, foreign govts can't, either. A regulatory race to the bottom, but with a push from the USG. Milton Friedman libertarianism is alive and well, it seems.

Some prices matter much more than others for livelihoods, production and distribution. They are systemically significant and key in the fight for affordability and against inflation. So proud to win the Nelson & Freeman Prize for our paper! Thank you ICC! 🥳 academic.oup.com/icc/article/...

📢 We’re hiring a Junior Conduct Correspondent! Join The Capitol Forum to investigate anticompetitive conduct and report on the intersection of business, law, and policy. Learn more and apply: thecapitolforum.com/careers/juni...

The original Social Security Act only passed because the FDR administration allowed a “this law doesn’t apply to housemaids, farmworkers, or railroad porters” clause to be included.

Socialist A. Philip Randolph saw in the porters’ struggle a symbol for the strivings of all Black working people. Believing they were “made to order to carry the gospel of unionism in the colored world,” he threw himself into his newfound leadership role labornotes.org/blogs/2025/1...

Happy New Year! Zohran Mamdani is the mayor of New York City, and some of his most high-profile aides were among the most effective members of the Biden administration. I talked to them about their plans for this, the first story at @prospect.org for 2026: prospect.org/2026/01/01/m...

Quote: “They have shaped the year, sometimes in the spotlight, sometimes behind the scenes. The editorial team of Tagesspiegel Background Digitalisierung & KI has once again selected the heads of the year. These include Cristina Caffarra Dr. Gundbert Scherf Albrecht von Sonntag Anthony Albanese”.

From me at the Atlantic Council: USMCA claims are way up. Implications are more significant than meets the eye. Thread below, but tl;dr: In a low-tariff environment, FTAs have limited value. The flurry of trading partners' FTA talks risks undermining their domestic industrial objectives.

I'm old enough to remember when 5% unemployment was seen as its "natural" lowest possible rate, and something everyone would dream about after the 2008-9 financial crisis and unemployment was 10%. That 4.6% is a four-year high is a testament to Bidenomics www.cnn.com/2025/12/16/e...

Tbh this take is too extreme. Economic malaise is rooted in fallout from decades of Chicago School extremism. Affordability at its core is about non-tradable goods, like housing (see Mamdani). A middle ground on trade is exactly what FDR/Churchill proposed. www.foreignaffairs.com/united-state...

China and Brazil are actively trying to decarbonize their steel industries, says Williams, who partially attributes those countries' efforts to EU trade policies that prioritize climate and carbon emission regulation.

The post- World War II US investment in R&D is one of the greatest economic and national security engines in history. As I said to @revkin.bsky.social a decade ago, “the budget is policy”. We should expand R&D, not shrink it. Broaden participation not restrict it. archive.nytimes.com/dotearth.blo...

Mandated USTR Report to Congress on USMCA Review to Be Oral Briefing, Sources Say library.thecapitolforum.com/docs/947x7x7... h/t @hmonicken.bsky.social

Fmr. US Trade Rep Tai says the tariff discussion is more complex than a simple yes or no. “We have to confront the reality that the way we went about tariff cuts over the past 30 years is exactly what led us to the supply chain concentration problem, that was itself inflationary.”

Our 2025 Trade & Competition Policy Forum has begun! Amb. Katherine Tai highlighted how supply chain shocks—from the pandemic to Russia’s invasion of Ukraine—proved deeply inflationary. “Supply chains became a kitchen-table topic for everyone.”

On the forthcoming EU regulation on de minimis imports: “The EU is making the platform the importer,” said Yves Melin, an international trade and customs lawyer in Brussels. “If Amazon or Alibaba sell something noncompliant, they will have to recall it—just like Walmart.”

After lunch, we’ve started Panel 3 to discuss the tensions between European policies aimed at adapting globalization to raise standards for labor, climate, and carbon, and the risk that a Trump administration could wield a deregulatory cudgel through tariffs.

This is the second discharge petition that has successfully led to House passage of legislation in the last 6 weeks. There is a third on a congressional stock trading ban, and it can pass if Jeffries leans into it. prospect.org/2025/12/11/h...

These sectors span energy (oil, gas, petroleum & coal), food and agriculture, chemicals, housing, wholesale trade, and healthcare. With the important exception of healthcare, they mirror the sectors that propagate inflation systemically. 10/16