My statement on Canada-U.S. trade:

Lerner Symmetry. My favourite minimally known trade theorem. For a fun read of applying this symmetry theorem to subsidies: China’s Subsidies Reconsidered: Implications of Lerner Symmetry and Ricardian Comparative Advantage - papers.ssrn.com/abstract=37893…

Expropriation by "contribution". Ironically, the legal term for expropriation is a "taking" under "eminent domain". Anyone still invested in the USA is ... well, you do the math.

Europe’s auto industry faces a bigger test than electrification: platform geopolitics. 🚗📲 Can Europe lead in EV+AV+data or risk decline? Insightful piece by Євген Цюряк via IE Insights 🔗 ie.edu/insights/artic… #Mobility #Geopolitics IE University IE Center for the Governance of Change

cato.org/blog/why-i-sig…

Crypto corrupts, and absolute crypto corrupts absolutely.

Happy birthday and many more. And Слава Україні

"Thinking is where certainty goes to die." Great line from The dawn of the post-literate society open.substack.com/pub/jmarriott/…