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January 31, 2019

Turkey
Why the New York Knicks Keep Dunking on Erdogan

The 7-foot center Enes Kanter has become a symbol of Turkey's never-ending purge—and a potential assassination target.

New York Knicks center Enes Kanter (00) dunks the ball over Boston Celtics forward Jayson Tatum (0) during the first half at TD Garden

November 15, 2016

China
China, Manipulation, Day One, the 1988 Trade Act, and the Bennet Amendment

President-elect Trump has said that he plans to declare China a currency manipulator on day one. I am among those who think this is a bad idea. This isn’t the right time to signal that China’s lon…

yuan-indexes

November 26, 2005

Economics
Kansas is flat, the world is not …

To paraphrase the New Economist, the Financial Times must think the world is flat.  They just gave Tom Friedman the inaugural Financial Times/ Goldman Sachs book prize last week - for a book based on…

chart 1

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

July 1, 2020

Trade
NAFTA and the USMCA: Weighing the Impact of North American Trade

President Trump reached a deal with Canada and Mexico to restructure the North American Free Trade Agreement, hoping a new trilateral accord will reinvigorate the U.S. manufacturing sector.  

Mexican commercial trucks cross into the United States.