-
Reality Sets In
Despite ample signs to the contrary, global economic institutions have remained remarkably optimistic about the state of the world economy. This week, that suddenly changed. The World Bank and the…
-
Notes on a Visit to Korea
I’ve been lucky enough to visit South Korea twice over the past year, and unlucky enough to encounter extreme weather both times: bone-chilling cold in December and a late-August heat…
-
Greenhouse Gases and Open Registries
The International Maritime Organization (IMO) doesn’t normally make headlines, but its new strategy to reduce greenhouse-gas emissions from shipping is a considerable accomplishment. If it succeeds, emissions from international shipping…
-
Sustainability and Trade
The cost of mitigating climate change is hard to put a finger on. That’s one conclusion from a recent conference on climate change and macroeconomics at the Peterson Institute for…
-
The FTC Seeks to Shelter Mom & Pop, Again
In 1909, the Kellogg Toasted Corn Flake Company offered a “Square Deal.” Hoping to get its flakes on more grocers’ shelves, Kellogg set the cash price for wholesalers at 6.8…
-
Nearshoring Is Hard to See
Last week I was in Mexico City to speak at the Logistics World Summit, an annual event that draws thousands of truckers, freight forwarders, manufacturers, and software vendors to the…