Saturday, March 25, 2017
Trade Illusion and Disillusion: A Cyclical Phenomenon
Weakness in global trade growth is related to the high volatility and pro-cyclicality of real trade flows.
Taxcast: Staggering Expense of Finance Sectors, Brexit
On Tax Justice Network’s Taxcast, Professor Gerald Epstein weighs in on the cost and dangers of major finance centers.
2:00PM Water Cooler 3/24/2017
Today’s Water Cooler: AHCA vote today, new cold war, durable goods, new home sales, the Box Club, Amazon, Chelsea Clinton, Case-Deaton, Alexa
Trump Approves Keystone XL Pipeline, Making Good on Campaign Promise
Although additional regulatory approvals, lawsuits, and protests loom, the controversial Keystone XL pipeline now looks likely to proceed.
Airline Cabin Laptop Ban: More Security Theater?
US + UK ban laptops and other electronics from cabin baggage on flights from Mid East: Why? Airlines scramble in response, lame jokes ensue.
Trump EPA Cuts Will Hamper Efforts to Enforce Lead Standards for Drinking Water
TRNN interview with Erik Olson discussing water safety in the US, where 18 million people are served by water systems with lead violations.
ICCT Skewers Trump Regulatory Rollback Argument: Estimates Lower Costs for Meeting CAFE Standards than EPA
Costs of meeting CAFE standards may be 40% lower than EPA estimates; implementing common standards may reduce uncertainty and help carmakers.
Hope to See You at Our Chicago Meetup Tonight
Don’t forget our Chicago meetup tonight!
2:00PM Water Cooler 3/23/2017
Today’s Water Cooler: NAFTA, AHCA maneuvers and whip counts, open borders, manufacturing, new home sales, Oroville dam, new Case-Deaton study
Competition From China Reduced Innovation in the US
Reduced innovation is another reason to question using China as America’s outsourced manufacturer.
Supreme Court Decides For Workers and Against Private Equity in Important Bankruptcy Case, Jevic
The Supreme Court slaps down lower courts and gives workers a key bankruptcy court win in Czyzewski v. Jevic Holding Corp.
Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried
Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?
