Why Hawaii doesnt import its oil from the US. Joan Robinson on the Keynesian revolution and tinned fish to die for.
Great links, images, and reading from Chartbook Newsletter by Adam Tooze
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Maurice Denis, “Bretons,” c.1890. Source: WikiArt
Utterly counterproductive US protectionism.
The Jones Act of 1920 mandates that all goods shipped within the US must be transported on U.S.-built, U.S.-owned, and U.S.-flagged vessels and US-crewed ships.
By PPP standards, the Japanese yen is increasingly undervalued.
And most of the selling of Yen takes place outside Tokyo trading hours.
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One of the world’s grimmest trends: the divergence between formerly poor low-income and still-poor low-income countries.
Source: Financial Times
The Biden administration signed off with a dramatic tightening of sanctions against Russia’s dark fleet.
Source: Bloomberg
Maurice Denis, “The Muses” (Les Muses), 1893. Source: WikiArt
What has become of the Keynesian revolution by Joan Robinson
Source: Joan Robinson
In a recent, entirely unscientific tasting of a wide range of tinned fish this came out as a huge winner. Delicious.
Maurice Denis, “Spots of Sunlight on the Terrace,” 1890. Source: WikiArt
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