What's up with Canada?
Despite its proximity to the US and abundant natural resources, Canada's economy is hampered by inter-provincial trade barriers, powerful domestic cartels, and declining productivity, leaving it vulnerable to global trade tensions.
The dangers of neopopulism
Whether it's being sold under the banner of a "New Paradigm", "new centrism", "neopopulism", or a "Future Made in Australia", industrial policy will lead to less growth, insipid labour productivity, and a much poorer and more vulnerable Australia.
The return of the Tariff Man
Biden's new China tariffs are driven by politics, not economics or national security. But protectionism tends to beget more protectionism, risking trade wars that could cause significant damage to the global economy.
