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TPP redux—The Art of the Bad Deal
You encourage 11 of your allies to get together with you in a trade and investment deal. You impose structure and content on it. Then at the last minute you decide you yourself aren’t going to join. After they go ahead and finalize the ...
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Half the world’s cargo ships sail empty—could there be an app for that?
The last time I read about ballast was as a teenager learning Canadian history. Ships carrying furs or timber to Britain needed ballast coming back to Canada and ironware, rocks and people served that purpose nicely. The real money was ...
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Free trade under attack in U.S. primaries
One of the lessons coming out of the U.S. presidential primaries is the electorate's broad rejection of free trade. On the Democratic side, Senator Bernie Sanders' popularity has in part been driven by his anti-free trade ...
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William Watson: The Trump-Sanders anti-trade, anti-progress alliance
It’s been a tough call this U.S. primary season, choosing between the Republican and Democratic debates. The Republicans are livelier, in a UFC-style sense, at least, and on average the policy positions they propose seem slightly more ...