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korrents.com
Freedom of navigation is a global public good that decays once its guarantor is seen as unwilling to bear its cost.Their words
Freedom of navigation is a global public good, and public goods decay the instant their provider is revealed to be unwilling to pay for them.
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18 September
17 September
9 September
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korrents.com
The Canadian economy is not a miniature U.S. economy but specializes in a limited range of goods.Their words
That is, the Canadian economy isn’t a miniature version of the U.S. economy, producing the same mix of stuff on a smaller scale. Instead, Canada concentrates on producing a limited range of goods.
Adding Injury to Insult, Canada Editionpaulkrugman.substack.com
7 September
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Their words
America’s large trade deficit in manufactured goods does mean that we have fewer manufacturing jobs than we would if that trade were balanced.
Neo-Nazis and the Impotence of Trumponomicspaulkrugman.substack.com
4 September
29 July
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Their words
China shock 2.0 threatens high status manufactured goods: European cars and engineering.
4 June
From one piece The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammell 3 beliefs, in the piece's order there
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Their words
I do think there's this qualitative shift that we I think we agree is coming, which is that there will be at least some goods whose network-adjusted capital share goes to one, right? Because the whole supply chain can be automated and there's no part in it that we care intrinsically about having a human do. Um, so that'll be a, you know, that'll be a qualitative shift. Interestingly, the implications of that shift for the overall capital share are ambiguous
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Their words
things have to go really wrong for us to like just get over the threshold of uh you know, capital being productive enough to automate lots of work, but not be productive enough that that the interest rate is high and or the price of capital produced goods is falling a lot, okay? So, even without redistribution, a little bit of savings will save a lot of people.
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Their words
the capital stock could grow quickly, but the price of capital goods relative to consumption goods could be falling faster than the capital stock is growing.
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Their words
Something like the relational sector, which is what I defined as, um, you know, basically services and goods where the fact that the human was in the loop was actually part of the value of that product.
23 May
28 March
15 February
25 December 2025
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Their words
Yes, the labor is cheaper, but that’s not really why.
14 December 2025
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Likedrcmnd.app
The IKEA Pax systemTheir words
We now have two custom IKEA storage cabinets in our house (one in our bedroom and one in our living room). For both, we chose to have basket drawers on the bottom, one regular drawer in the middle, and shelves above that—the perfect setup for clothes and home goods IMO.
23 November 2025
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Their words
There's even a case to be made that those policies actually depressed the manufacturing share of GDP: by boosting output and capacity above where they would have been otherwise, subsidies probably contributed to the sustained decline in prices for China's manufactured goods over the past few years, weighing on their share of nominal output.
31 July 2025
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Their words
Mongols produced nothing. They could produce felt to make their tents, but they were not craftsmen. And so they had to get these items from somewhere, and it was through raiding.
1 July 2025
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korrents.com
Having children is contagious: people are more likely to become parents when the people around them already are.Their words
Community comes into play. If everyone else has kids, this shifts expectations and creates club goods.
15 May 2025
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korrents.com
Forced labour in Chinese clean-energy supply chains is real, and it is not why the goods are cheap.Their words
But my point is that this is still not the reason (or is only a very small reason) why these goods from China are cheaper than elsewhere. The main driver of lower labour costs has been automation; not having a human worker at all.
6 April 2025
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korrents.com
Tariffs on imported components and machinery hurt the American manufacturers they are supposed to help.Their words
They applied the same tax to the components that you need to make things in America that they did to finished goods that were made outside of America.
16 May 2024
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korrents.com
A good life rests on things that demand skill and effort from you, not on goods that arrive requiring none.Their words
A good life is supported by a diverse array of focal things and practices, which tend to reward us with deeper, more meaningful experiences; a gratifying measure of bodily skill and competence; and possibly even a stronger fabric of relationships.
The Stuff of (a Well-Lived) Lifetheconvivialsociety.substack.com
25 April 2024
1 October 2023
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Their words
It turns out that the highest gains from trade come from the introduction of new goods altogether, just as Malthus had suggested.
2 March 2023
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korrents.com
The world economy is flat for capital, goods and ideas, and has a legal cliff at the border for people.Their words
This is not because there are not people who would drive trucks for Amazon in the world, and not because “natural” scientific progress has made machines that drive trucks easy and cheap, but because in a global economy which is “flat” for capital, information, and goods, there is a legal “cliff at the border” for labor, as prices don’t reflect scarcity.
1 January 2022
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Their words
The US focus on efficiency has revealed the brittleness of its economy, which has neither the manufacturing capability to scale up domestic production of goods nor the logistics capacity to handle greater imports.
16 August 2021
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Their words
We are transitioning from a world where everything is made in China, to one where everything is designed and sold by China too.
2 October 2020
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Usesrcmnd.app
Nomad Goods Card Wallet PlusTheir words
Nomad Goods Card Wallet Plus - A slim leather wallet for cards and folded cash.
1 January 2020
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Their words
Today, Chinese workers produce most of the world’s goods, which means that they engage more than anyone else in the technological learning process.
18 November 2017
From one piece The illusion of “degrowth” in a poor and unequal world 2 beliefs, in the piece's order there
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korrents.com
The way to cut emissions is to tax the most emission-intensive goods, not to stop growth.Their words
It would make more sense, if we want to think seriously about how to reduce emissions, not to engage in the illusions of degrowth in a very poor and unequal world but to think how the most emission-intensive goods and services could be taxed in order to reduce their consumption.
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korrents.com
The climate policy everyone has quietly assumed is that poorer countries stay poor, and that is the wrong answer.Their words
From these exchanges I got the impression that they were unaware of just how unequal and poor (yes, poor) the world is today and what would be the trade-offs if we really were to decide to fix the volume of goods and services produced and consumed in the world at the current level.
1 August 2016
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