Favorites October 7th 2021

Lingling Wei 魏玲灵 @Lingling_Wei

BIG SCOOP by @glubold: For at least a year, the U.S. has secretly deployed troops in Taiwan to train local forces against possible threats from China wsj.com/articles/u-s-t… via @WSJ

wsj.comWSJ News Exclusive | U.S. Troops Have Been Deployed in Taiwan for at Least a YearSmall presence of Americans secretly training local forces marks concern over China’s yearslong military buildup and recent moves

and later in the day something struck an American submarine in the South China Sea.

Maia @EGirlMonetarism

this is just, uh, false economist.com/leaders/2021/1…

The key to thinking about where we're going is to focus on the fact that we are on the cusp of not just replacing our carbon emitting power sources, but of having far more power available to us.

Sarah O'Connor @sarahoconnor_

Shipping prices coming off their peak, via the always-well-informed @senoj_erialc ft.com/content/b6bfe7…

Well this is good to know at least

Adam Posen @AdamPosen

Despite Germany's persistent trade surpluses, manufacturing employment has fallen in its industrial hub more than in Ohio. There is no link between trade deficits and manufacturing jobs (or jobs in general). piie.com/research/piie-… via @PIIE

piie.comDespite Germany’s trade surplus, manufacturing employment share of total employment has fallen in its industrial hub at a similar rate as i…Large trade deficits are often blamed for the protracted decline in manufacturing employment in the United States. Critics claim cheap imports from low-wage countries erode the competitiveness of US producers, driving American manufacturing plants and jobs abroad.

This is a really interesting example, I would not have been able to guess at this outcome.

Matthew Yglesias @mattyglesias

They keep raising the salience of the thing they are afraid of facing attacks over, it doesn’t make sense.

Timothy B. Lee @binarybits

I really don't understand the Democratic strategy on the debt limit. However bad it is to be the party that voted for an increase, it's worse to be the party that voted for an increase after your president endures months of headlines about a looming crisis.

The deal reached on the debt limit was pretty bad for the democrats. I still prefer they mint the trillion dollar coin, but I admit that may also raise the salience of the issue.

April 2019