Browsing Tag
trade deficit
5 posts
It’s True, The iPhone Increases The US Trade Deficit – But How?
It’s entirely true that the iPhone, Apple’s practice of building it in China, increases the US trade deficit.…
Dear Lord Above, If Only City University Employed Economics Professors Who Knew Economics
It is possible that this expansion of the universities wasn’t all this good an idea. For example, the…
Never Believe Any Chinese Economic Statistic For The First Quarter Of The Year
A useful and basic rule of thumb about international economic statistics. Never, but just never, believe nor pay…
Why We Shouldn’t Believe Will Hutton About Anything
As we all know Will Hutton’s basic idea for the British economy is that everyone should just shut…
No, Really, The US Trade Deficit Can Go On Forever
A not uncommon complaint is that it’s not possible for a country to run a trade deficit forever.…