Guest post by Jeff Mosenkis of Innovations for Poverty Action. Samia Suluhu Hassan was sworn in as Tanzania’s first woman president, following the death of John Magufuli, known for his denial of COVID-19 in the country. Some speculate the virus was the cause of his death rather than the official announced cause, heart failure. A nice article from Dani Rodrik about how economists can get along with other fields. Known for their breadth and willing to take on many kinds of questions,...
Read More »Free trade and Portuguese decline
Last weekend, as a result of Brad DeLong's post on free trade, we had a brief Twitter exchange. He had suggested that the Heckscher-Ohlin (HO) model* implies gains from trade associated to comparative advantage. He went further and suggested, after I implied that the Methuen Treaty between England and Portugal had not been favorable to the latter, that Portugal had indeed benefited greatly from free trade.It is important to note, before we get to Portugal, that the HO model, which is a...
Read More »No apology, just an explanation
My Forbes post on the threat to democracy in the EU touched a nerve. Well, several nerves, actually. Some people regarded my invocation of the Prague Spring as insulting to the people who suffered under Soviet oppression: others objected to my comparison of the benevolent EU with the evil USSR: and a few complained that I had presented the Syriza government as "martyrs", when they are nothing of the kind. And lots of Portuguese called me out for misrepresenting how their parliamentary...
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