One of the first thing that economists are taught is the Free Trade is a Good Thing. One thing that economists don't speak too much about is that free trade creates both winners and losers. Arguably, not nearly enough attention has been paid to the losers.
Whether or free trade is always a net positive depends on many factors. And the alternatives to free trade - the choices made by politicians about things like protectionism - can be even worse.
That said, China's accession to the World Trade Organisation was a huge shock and wiped out huge swathes of manufacturing industry and jobs throughout the developed world. Too much too soon seems have been the case. Those left behind communities became the hunting ground for Trump, Brexiteers and populists. They stil are - and there is a distinct possibility of a second China shock coming our way. What will be the results this time?
Irish SMEs complain about government inspired costs and regulatory burdens. Are they right to moan? A lot of SMEs are either failing or in danger of going bust.
Interest rates: the new normal isn't too far away from where they are now. Discuss.
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A rare opportunity to do the strategically right thing and reap political dividends: a budget for housing, not tax cuts.
Economic PTSD? EU economy growing again. US economy accelerates? Stock market reaction to Nvidia humbles analysts
Interest rates likely to fall next month - in the EU at least. But does the ECB know what it is doing? Nvidia & the nuttiness of stock markets.
Politics & opinion polls in Ireland, UK & US. Why are Sinn Fein suffering because of immigration? Have they lost vital momentum?
Is immigration just one of those unsolvable problems? Biden's EV tariffs repeat the mistakes of the 1970s
Is the liberal world order really about to collapse? Or should we take cheer from 'The Curse of The Economist"
Has Robert Kennedy JR's brain been eaten by a worm? Could it be responsible for his conspiracy theories. Do protests work?
If Gaza gifts Trump the White House the great Bidenomics experiment is over. A lot of other things will also be over.
Unemployment edges up on both sides of the Atlantic. UK election results show Sunak up as a hopeless politician he really can't do politics.
An ex-UK Cabinet Minister suggests bussing refugees to the Irish border in order to show the "pious" Irish government who is the boss.
If war is coming to Europe, is membership of the EU and neutrality mutually inconsistent?
What will the next generation think of us? Taking the other side of IMF forecast bets.
Irish house prices up again. Time to change the global growth narrative? Markets, the IMF & The Economist all have bought into stronger growth & higher interest rates.
Will Ireland go Dutch? Prolonged coalition negotiations likely if no party gets more than 30% of the GE vote.
It's beginning to look a lot like the 1930s
Higher for longer US interest rates = higher for longer mortgage rates in Ireland and U.K.
Irish reunification: the costs and other issues - many that haven't even been thought about
Getting ready for war in Europe? Competing narrative fallacies about markets.
Inflation falls again. But interest rates cut hopes fade. World economy fails to land - takes off instead.
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