Douglas Irwin @D_A_Irwin
Trade economist/economic history @DartmouthEcon, @PIIE, @NBERpubs sites.dartmouth.edu/dirwin/ Hanover, NH Joined March 2016-
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Does Trade Reform Promote Economic Growth? A Review of Recent Evidence academic.oup.com/wbro/article-a…
How the US became a net exporter of manufactured goods in the 1890s . . . A mesmerizingly beautiful graphic from @LDJEconomics that illustrates the point of the paper: jstor.org/stable/3211586
How the US became a net exporter of manufactured goods in the 1890s . . . A mesmerizingly beautiful graphic from @LDJEconomics that illustrates the point of the paper: jstor.org/stable/3211586
The EHA program for September is now up and on-line!
The EHA program for September is now up and on-line!
Alas, I am not bored and won't stray from trade :)
Big announcement @dartmouth this morning. Thank you @sianbeilock ! Global Sports Icon Roger Federer to Speak at Commencement youtu.be/VE6vh7lKCKc?si… via @YouTube
The Washington Consensus is back for Turkey, Argentina, Egypt, Nigeria and Kenya . . . ft.com/content/342682… via @FT
My friend & former colleague @ChicagoBooth Raghu Rajan on the current global environment .. The world needs reminding — governments are not good at picking winners - on.ft.com/3xeRQwT via @FT
Protectionist lawyer Lighthizer: "When America grew in the 19th century from a modest agricultural country into the world’s largest economy, tariffs were critical to its success." VS: An economist who actually studied this (@D_A_Irwin) nber.org/system/files/w…
Protectionist lawyer Lighthizer: "When America grew in the 19th century from a modest agricultural country into the world’s largest economy, tariffs were critical to its success." VS: An economist who actually studied this (@D_A_Irwin) nber.org/system/files/w… https://t.co/2F3OTwDFa2
Honored to have given the Snape Lecture at @ozprodcom in Melbourne - every country should have a Productivity Commission! Here with @pwgallagher and fmr chair Gary Banks
Honored to have given the Snape Lecture at @ozprodcom in Melbourne - every country should have a Productivity Commission! Here with @pwgallagher and fmr chair Gary Banks https://t.co/JtiYKtvMfL
I'd be curious to know if Katherine Tai @AmbassadorTai @USTradeRep would disagree with any of this . . . Donald Trump’s former trade chief makes the case for more tariffs economist.com/by-invitation/…
New working paper on global inequality . . . not only has between-country inequality fallen over past 2-3 decades, but so has within-country inequality nber.org/papers/w32203
Fantastic interview with @AdamPosen, full of wisdom and insight on a wide range of economic policy matters ↘️ on.ft.com/3T27Z07 via @FT
If you happen to be in Canberra today . . . 🇦🇺🐨🦘
Sincere thanks to @srajagopalan for inviting me and for having such an engaging conversation!
Sincere thanks to @srajagopalan for inviting me and for having such an engaging conversation!
Robert Lighthizer and @gordon_h_hanson exchange views in response to Gordon's review of his book foreignaffairs.com/responses/afte…
This is classic . . . wsj.com/articles/biden…
The candy of Valentine's day reminds of this gem about the political power of the sugar industry . . .
The candy of Valentine's day reminds of this gem about the political power of the sugar industry . . .
Brian Albrecht @BrianCAlbrecht
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240K Followers 281 Following Institute Professor @MIT, @MITEcon. Co-Director of @MITShapingWork. Author of Why Nations Fail, The Narrow Corridor, and Power & Progress.Nice sceptical piece on proposals for newfangled industrial policies in Australia (more immediately) and NZ tvhe.substack.com/p/industrial-p…
Why don’t exports react to a depreciation as much as and as fast as they do to an appreciation, and what is holding them back? blogs.worldbank.org/en/trade/how-e… via @WorldBank
Siang yang cerah di University of Chicago. Beautiful campus
Geoffrey Blainey's reminds us our 'greatest generation' was that immediately post-WWII: the first to think of themselves as Australians. In 1942 we finally embraced constitutional independence; only in 1954 we abandoned the Brit. Union flag for our own::theaustralian.com.au/commentary/anz…
"Embracing and rejecting 'exorbitant privilege' at the same time" -- well said!
This terrible video of a colleague, Caroline Fohlin, being pointlessly taken down by police @EmoryUniversity. Admin need to exercise greater oversight in times like these. Hope you are ok, Caroline.
@MiddleEastEye Here’s @EmoryUniversity economics professor Caroline Fohlin knocked to the ground with her head on the concrete. Her glasses are thrown off. She shouts “I’m a professor” #Gaza #Protesters
A comprehensive review of the evidence by the leading trade economist @D_A_Irwin finds “Trade reforms have had [consistently] a positive impact on economic growth, on average, although the effect is heterogeneous across countries.”
Does Trade Reform Promote Economic Growth? A Review of Recent Evidence academic.oup.com/wbro/article-a…
Flight attendant: is there a doctor on board? Dad: my son is a doctor, but not the kind that helps people. Flight attendant: it’s a history of economic thought emergency. Me: everyone step back, give me some space.
Stephanie Kelton opens her discussion of #MMT on the Daily Show by misrepresenting the meaning of the “dismal science” appellation. It has nothing to do with scarcity.
Although his use of name-calling is disappointing, I appreciate Sen. Rubio's willingness to engage with his critics. Here's my response to his thread: cato.org/blog/response-…
It seems my recent articles on industrial policy in @PostOpinions and @NationalAffairs have ruffled some feathers. @JonahDispatch @veroderugy @EricBoehm87 @cpgrabow A short 🧵 on how free-market fundamentalists go off the rails. 1/11
Just in the 20th century: Erhard/Adenauer liberalized -> German econ miracle Raab liberalized -> Austrian econ miracle De Gasperi/Einaudi liberalized -> Italian econ miracle Mazowiecki/Balcerowicz liberalized -> Polish econ miracle Laar liberalized -> Estonian econ miracle Opus…
Indeed a beautiful graphic illustrating a gem of a paper that models the productivity-enhancing impact of low-cost non-exportable iron-ore (+ coal & shipping services) on booming US mfg. exports in the early 20th C. The policy impacts (McKinley) are interesting, too.
How the US became a net exporter of manufactured goods in the 1890s . . . A mesmerizingly beautiful graphic from @LDJEconomics that illustrates the point of the paper: jstor.org/stable/3211586
@johnnyasheville @D_A_Irwin Price of iron ore fell by 50% when Mesabi came on line. Abstract from @D_A_Irwin paper:
"As the leader of the West and as a country that has become great and rich because of economic freedom, America must be an unrelenting advocate of free trade." @RonaldReagan presidency.ucsb.edu/documents/addr…
In addition to the views coming from the left and the right, we should keep in mind the important role of industry lobbying.
American Compass is just one example of the growing left-right alliance on populist ideas in Washington. notus.org/money/american…
Pleased to have my piece, "An Economics Nobel Rooted in the Middle West," included in the new issue of the @MiddleWestRev: muse.jhu.edu/article/925176
Our new issue is out! For a few weeks, enjoy FREE open access to the article "Finding the Boundaries of the American Midwest" about our recent polling on Midwestern identity muse.jhu.edu/pub/17/article… @WhaHistory @WHAGrads @AHAhistorians @JimGrossmanAHA @JourSouHist #twitterstorians
Trying to write something about @D_A_Irwin piece " “Explaining America's Surge in Manufactured Exports, 1880-1913," the central role played by the Mesabi Range, and the creation of US Steel. I just keep staring at this:
To suggest that one of the most heavily regulated sectors in our economy is an example of 40 years of “free markets left to their own devices” is an interesting interpretation of our financial landscape.
Financial markets left to their own devices do not make economies and those who live in them free, despite what Milton Friedman said. Lots of data over 40 years shows we’re actually worse off. We need a new way to think about markets, economic policy and what we want our society…