Globalization Forever?

Along with Brexit and the apparently unsinkable Trump, another surprise has been brewing on the world stage and I hope you’ve noticed. Globalization—measured by the most fundamental and reliable metric, crossborder trade volume—has ended its ever upward...

Brexit: Deep Breath

No, I didn’t see that coming either. But since the preferences of elite opinion-makers seem to be taking it on the chin around the world, perhaps we shouldn’t have been so surprised. From the perhaps insulated vantage-point of a country where EU membership...

Financial Centers Can Shift

Some time ago In my online travels, I came across “Delancey Place,” a marvelous site that gives new meaning to the word “eclectic.” Delancey Place describes its mission as follows: Delanceyplace.com is a brief daily email with an excerpt or...
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