Should-Read: Paul Krugman: A Finger Exercise On Hyperglobalization
Should-Read: Paul Krugman: A Finger Exercise On Hyperglobalization: “I find myself trying to find simple ways to talk about ‘hyperglobalization’… https://krugman.blogs.nytimes.com/2017/06/14/a-finger-exercise-on-hyperglobalization/ …The idea here is to think about the effects of transport costs… the same way trade economists have long thought about ‘effective protection’…. To overcome 10% transport costs this assembly operation must be 38% … Continue reading Should-Read: Paul Krugman: A Finger Exercise On Hyperglobalization
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