Actually, I think the smartest thing the EU can do is simply to ignore the tariffs, and attempt to stimulate domestic demand. Hopefully policymakers will realise that if you can't depend on exte… (View Post)

Call me old fashioned, but above all I value good, old fashioned morality. So, for example, I respected Michael Foot as a moral man. Likewise, I respect Mike Johnson for that reason. I think both Cha… (View Post)

Well, yes. He's learned one very simple lesson. If, in a high trust society, you are willing to lie your teeth off, then you can do very well indeed. There's an interesting contrast with Mu… (View Post)

Are they? The economic research is pretty mixed, not least because actual dumping (i.e. the deliberate decision to lose large sums of money for a sustained period of time with the goal of bankrupting… (View Post)

A new Substack from me: (View Post)