Attention Economy


Monday, January 30, 2017

Geo-Political Uncertainty and Economics

Playing with Economic Matches by Ashoka Mody

The Trump Trade Gives Way to the Reckless Trade

Gideon Rachman of FT notes:
“Britain could defend free-trade far more effectively with the EU’s bulk behind it — and could also start to explore the possibilities for more EU defence co-operation. As it is, Britain has been thrown into the arms of an American president that the UK’s foreign secretary has called a madman.
In the declining years of the British empire, some of its politicians flattered themselves that they could be “Greeks to their Romans” — providing wise and experienced counsel to the new American imperium.
But the Emperor Nero has now taken power in Washington — and the British are having to smile and clap as he sets fires and reaches for his fiddle.”