▽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
▽Telegraph newspaper online ●05/07 01:59 Live Starmer accused of ‘two-tier taxes’ for Indian migrants under trade dealModi slashes taxes on UK importsStarmer cuts tariffs on Indian clothingIndian professionals exempt from NI for three yearsMy sister was madly in love but is not Dordogne murdererReleased pensioner had told village of her affections for British mother’s lover but had been wrongly accused, sibling saysLive Trump tells