International Trade

January 15, 2020

Why Some Wine Drinkers Are Drinking Less (And Others Are Not)

While wine consumption is down among some of us, we can look at conspicuous consumption for the reason why expensive wine is more popular.

July 16, 2019

Why Tariff Revenue Is Peanuts

A look at tariff revenue through the lens of a peanut farmer can reveal some unexpected facts about its size and who pays it.

July 14, 2019

Why We All Need the Same Time

Whereas we moved from many time zones to four during the 19th century, now, with globalization, we should switch to coordinated universal time for everyone.