Articles from Club Troppo
A couple of weeks ago I got this email.
Dear Prof. Gruen,
I’m fifteen years old, I live in Memphis, Tennessee, and I’m very interested in economics. Recently I came across your interview on the Economic Rockstar podcast. I have a blog called Ceteris Numquam Paribus, where I post short interviews with economists such as Dierdre McCloskey, Diane Coyle, and Peter Temin. I was wondering two things:
We seem to have a Brexit deal today, which has two important components: free-movement between the UK and the EU ends (no single market) whilst on all matters of trade, the UK indefinitely follows the EU until a new deal is reached (a customs union).
The US political establishment is now firmly of the belief that the US is still the world’s dominant superpower, and that they could easily win a cold-war confrontation with China, just like it overwhelmed the Soviet Union with economic firepower. I think the Americans are basically wrong about this.