On terms of trade, offshoring ties, and the enforcement of trade agreements
This paper unpacks the role of offshoring in the enforcement of trade agreements. In a two-country model of task offshoring, we show that by depressin…
New paper I’ve coauthored with Bandyopadhyay, Basu and Chau, which looks at challenges created by task offshoring to enforcement of trade agreements and dispute settlement rules, and the role of well-enforced labor standards in such circumstances.
www.sciencedirect.com/science/arti...
19.09.2025 23:15
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The sad thing is that the Supreme Court is in Trump’s pocket and the judges there are shamelessly corrupt. I don’t know what happens when this reaches the SCOTUS. It has been quite depressing so far.
24.06.2025 18:36
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Three things made the US a rich and powerful nation: the rule of law, its science & innovation system, and openness to foreign talent. Remarkable how Trump has taken a sledgehammer to all three. No enemy of this country could do more.
22.05.2025 23:09
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This is so true and equally valid of Trump’s other fellow travelers: “free speech purists” who hate progressives more than they love free speech; “economic nationalists” who hate foreigners more than they love their own; and the tech billionaires who hate regulation more than they love science.
07.05.2025 17:45
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If you believe in government efficiency, the first thing to do is to eliminate tariffs, not keep escalating them. And, Elon keeps invoking Milton Friedman. Friedman hated tariffs. Tariffs lead to consumption efficiency losses and production efficiency losses.
14.03.2025 16:26
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Any term, any jargon, any theory that has “stability” or “stable” in it Trump hates. He is the king of instability and uncertainty.
11.03.2025 19:30
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Elon Musk: “It will be fine long term.”
John Maynard Keynes: “In the long run we are all dead.”
11.03.2025 19:12
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Are they or are they doubling down on their choice?
01.03.2025 13:26
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Most divisive Thanksgiving message from a president I have ever read. Clearly doesn’t intend to be president for everyone - only for half the country, who is clearly less powerful than president for the whole country. Obvious not trying to unite us. Very sad!!!
28.11.2024 16:23
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Dear Elon, when two black holes seeking attention (gravity) get too close, the more massive one absorbs the smaller! Between you and Donald J. Trump, what's your bet? My bet is on the latter. He has already destroyed anything that got too close. Just ask anyone who got too close.
18.11.2024 02:35
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Even for the results people without an understanding of math can provide intuition for, the actual, precise results wouldn’t have been arrived at without math.
17.11.2024 16:33
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I have been using this book (all editions so far) for my high-enrollment Economics of Globalization class for many years (roughly 2 decades). Now I co-teach this class with my colleague, Ryan Monarch.
17.11.2024 16:14
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I have been using this book (all editions so far) for my Economics of Globalization class for many years (roughly 2 decades). Now I co-teach this class with my colleague, Ryan Monarch.
17.11.2024 16:14
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Just joined Bluesky. You can follow me here at @devashishmitra.bsky.social
17.11.2024 16:06
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