Market Talk – May 8, 2023
ASIA: The UAE and India are expected to surpass their non-oil trade target of $50 billion this year, on their way to reaching the $100 billion goal by 2030. Bilateral non-oil trade reached $45.5 billion between May 2022 and March 2023, with a 7% increase from the previous year. In the first quarter of […]
Noah Smith’s pessimistic vision – Econlib
For most of the past 50 years, there’s been a consensus among economists that “industrial policies” are counterproductive. Nothing has occurred in recent years that would lead a reasonable person to alter that view. And yet as Noah Smith recently pointed out, neoliberalism is rapidly losing ground to advocates of regulation, subsidies and protectionism: […]
