Trade, Social Preferences and Regulatory Cooperation

Authors: Thomas J. Bollyky and Petros C. Mavroidis
Columbia Law School, Center for Law and Economic Studies

Global value chains have changed the way that the world trades. The World Trade Organization (WTO) should embrace the confluence of shared social preferences and trade, where it may exist such as digital trade, food and drug safety, and climate smart-agriculture, as a motivation for advancing international regulatory cooperation. To do that, changes to the corporate governance of the WTO are needed to facilitate the use of plurilateral agreements and to multilateralize progress already occurring bilaterally and regionally. 

See more in Global; Trade


A Conversation With James Clapper

Speaker: James R. Clapper
Presider: Charlie Rose

James Clapper reflects on lessons learned over his six years as Director of National Intelligence and discusses critical intelligence concerns facing the next U.S. president.

See more in United States; Intelligence


The Cult of the Expert—and How It Collapsed

Author: Sebastian Mallaby
The Guardian

Sebastian Mallaby uses the framework of central bank power to examine the rise and recent decline of the cult of the expert. He concludes that, ironically, experts need to play the political game if they hope to maintain their legitimacy; and that a healthy democracy is well served by a mix of public accountability and technocratic independence. 

See more in United States; Monetary Policy; International Finance


The GOP May Not Survive the Trump Takeover

Author: Max Boot
USA Today

Donald Trump began the final presidential debate in what was, for him, an unexpected fashion. He was subdued, spoke calmly, and sounded like a conventional Republican. He promised to oppose abortion, support the Second Amendment, and appoint Supreme Court justices who “will interpret the Constitution the way the founders wanted it interpreted.” But about halfway through, Trump made one crazy, false statement after another. It was a farrago of falsehoods the likes of which no one has ever seen...since Trump’s last debate. What does it tell you about the future of the Republican Party that so many ordinary Republicans seemed to thrill to his misstatements and vicious attacks?

See more in United States; Elections