▽ EconLog | Library of Economics and Liberty ●05/07 04:27 International MacroeconomicsWho runs trade surpluses?By Scott Sumner | May 6, 2025 | 0In a recent post, Kevin Erdmann uses the concept of never reason from a price change to explain why low wages do not give a country an advantage in international trade: The confusion comes from “all else held equal” thinking. All of those costs are part of an interconnected web of interactions. Intere
▽ FrameThink ●05/07 02:34 How employees get screwed in private equity deals
▽FT.com | The Economists’ Forum ●05/07 02:11 Friedrich Merz wins second vote to become Germany’s chancellorElon Musk’s painful departureUK and India strike trade deal after three years of talksElon Musk’s painful departureUK and India strike trade deal after three years of talksWhat the New York subway tells us about the future of the internetDoorDash strikes £2.9bn deal for DeliverooDoorDash strikes £2.9bn deal for DeliverooCredit S