Trade wars

Are the claims of an imminent financial crash justifed or hysterical? (These are notes prepared for Nights with Bryan Crump. 18 September 2018)

A senior and respected economist recently remarked that he thought that there was a danger of an economic crisis precipitating a financial crisis rather than the other way around. He was reflecting on the current trade war which Trump is escalating by raising more tariffs on Chinese imports. Could it lead to a financial crisis?

Trump is going to war for the wrong reasons

From my office window I can see the single lane at the end of a motorway, usually filled with a queue of slowly moving cars. The conventional wisdom is that it should be two-laned to remove the blockage, but that does not look beyond the tunnel to the end where there the road meets a major junction with traffic lights.

How Can New Zealand Deal with a Trade War Between Elephants?

I have thought that economists are especially passionate about international trade because it is an alternative to war. In order to acquire access to resources one does not need to invade, conquer and colonise a country. Voluntary trade is less costly with far fewer deaths.