Super interesting! "The Macroeconomic Effects of Global Supply Chain Shocks" by Lapo Bini. "This paper examines the economic impacts of global supply chain disruptions. Using price surcharge announcements from the three largest containerized shipping companies, I construct a

In 1970, South Korea and Taiwan had the highest revealed comparative advantage in the following industries: vegetables, cork/wood products, and raw silk. They went on to invest in completely different industries and benefited enormously — they *defied* comparative advantage.

In fact, in the 1960s, the World Bank advised South Korea *against* investing in steel because it wasn't aligned with its comparative advantage. Korea ignored this advice, and founded POSCO, a state-owned steel company. POSCO is now one of the world's largest steel producers.

A weaker Indian rupee may act as a buffer against higher tariffs, economists say. Against a basket of Asian currencies, many of which compete with India in export markets, the rupee has declined 3.9% since April 1, according to HDFC Bank economic research. Read Reuters Nimesh

Scott’s right! 👉Allowing US companies to raise prices while selling more is literally the whole goal of tariffs >>that’s why they call it protection! 👉So. Yeah. What did you expect?

What if the public deficit weren't a problem... but a necessity? I analyzed IMF data for 200 countries (1980–2024). The result : deficits are the norm, surpluses the exception. 🔎 I created an animated interactive map, which you can explore here : 📷 …neau-carte-soldes-sectoriels.hf.space

Out of 1,325 global sanctions since 1949, 486 have been imposed by the US, which currently administers over thirty sanctions programmes — making it responsible for three times as many sanctions as any other country or international body. indianexpress.com/article/busine…

📊IEEFA Power Lines–Global RE Jobs 2023 Solar PV leads with 7.1 mn jobs, followed by liquid biofuels (2.8 mn) & hydro (2.3 mn). RE sector continues to drive jobs across solar, wind & more, while powering economies.📌New visuals next Wed Source: IRENA Jobs Database #Janhvisaini

Nievas & Piketty's "Unequal exchange and North-South Relations” perpetuates deep structural problems with how economists deal with capitalism and empire. I expose the theoretical & methodological limitations of their work & outline what they fail to see. ineteconomics.org/perspectives/b…

For at least 2 yrs, Tamil Nadu has been diligently studying extreme heat. Now, it's produced the country’s most granular analysis of how land use change is making the state hotter – to the detriment of its people and the environment: india.mongabay.com/2025/08/a-new-…

✍️ @edwardgluce “The year is barely halfway done but China is 2025’s runaway winner. 👉 ”With metronomic regularity, Donald Trump has been dropping giant windfalls into its lap” 👉 “Trump is ceding the great game in the global south to China. The destruction of USAID and Trump’s

Who gets a refund if Trump’s tariffs are ruled illegal? A must-read blog by Alan Wolff @piie raises 2 important legal points in President Trump's war on the world trade system: 1. What happens to the tariff revenue already paid if the courts decides the tariffs were

Industrial Policy has been 'too hard' to study econometrically. This is bc of multiple equilibria -- we don't know if the world we observe *has to* be that way, or if its in one of several equilibria. Tishara Garg's phenomenal JMP solves this. It's revolutionary for IP research.

With 50% tariffs, we are definitely in the lower two quadrants now, leaning towards the first. The real test for our foreign policy begins now. A crucial variable is the US-China relationship. Geopolitics should now feature prominently in business strategy conversations.

The reason industrial policy is too hard to study econometrically is because you shouldn’t be studying it econometrically. If all you have is a hammer everything looks like a nail.

#Trump administration doubles tariffs on Indian exports to 50%, citing continued #RussianOil imports. #India terms the move “unfair” and warns of necessary countermeasures. Exporters say 55% of shipments to the #US now face a 30–35% cost disadvantage Shreya Nandi

New and improved version of our Estimating Causal Effects paper: arxiv.org/pdf/2508.02310

My latest piece. I argue that the language used by Trump around the additional tariff on India basically makes it a sanction. And the only rule in the world of sanctions is naked might. A free-to-read link: bloomberg.com/opinion/articl…

As more reciprocal tariffs take effect, it's worth noting that prices for many retail goods have been steadily rising since March. The increases may seem modest, but they are adding up. See pricinglab.org/tariff-tracker We just updated our paper with an event study showing that—after

NEW: Is the internet changing our personalities for the worse? Conscientiousness and extroversion are down, neuroticism up, with young adults leading the charge. This is a really consequential shift, and there’s a lot going on here, so let’s get into the weeds 🧵