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Devashish Mitra

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by Devashish Mitra

devashishmitra.bsky.social
New paper I’ve coauthored with Bandyopadhyay, Basu and Chau, which looks at challenges created by task offshoring to enforcement of trade agreements and dispute settlement rules, and the role of well-enforced labor standards in such circumstances.
www.sciencedirect.com/science/arti...
On terms of trade, offshoring ties, and the enforcement of trade agreements
This paper unpacks the role of offshoring in the enforcement of trade agreements. In a two-country model of task offshoring, we show that by depressin…
www.sciencedirect.com

by Devashish Mitra

devashishmitra.bsky.social
My piece on Trump tariffs in the TIME magazine. time.com/7305626/chao...
The Chaotic, Fantastical World of Donald Trump’s Tariffs
Trump's tariffs threaten to weaken the stability of the global trading system, explains economist Devashish Mitra.
time.com
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by Devashish Mitra

devashishmitra.bsky.social
Excellent arguments have been made very rigorously. cepr.org/voxeu/column...
Why the US and the WTO should part ways
The US embrace of power politics in the trade arena violates both the letter and spirit of the WTO’s General Agreement on Tariffs and Trade, undermining the integrity of the multilateral trading system. This column suggests that such violations are unlikely to cease in the foreseeable future. Bipartisan consensus in the US favours a toothless WTO, a position at odds with most WTO members. If the US continues to disregard its obligations, the best option for preserving the credibility of the WTO would see the US withdraw from the Agreement.
cepr.org
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by Devashish Mitra

devashishmitra.bsky.social
The sad thing is that the Supreme Court is in Trump’s pocket and the judges there are shamelessly corrupt. I don’t know what happens when this reaches the SCOTUS. It has been quite depressing so far.

by Dani Rodrik — Reposted by: Devashish Mitra, Edward Witten, Adam S. Posen , and 19 more

drodrik.bsky.social
Three things made the US a rich and powerful nation: the rule of law, its science & innovation system, and openness to foreign talent. Remarkable how Trump has taken a sledgehammer to all three. No enemy of this country could do more.
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by Dani Rodrik — Reposted by: Devashish Mitra, Laurent Warlouzet, Dani Rodrik

drodrik.bsky.social
This is so true and equally valid of Trump’s other fellow travelers: “free speech purists” who hate progressives more than they love free speech; “economic nationalists” who hate foreigners more than they love their own; and the tech billionaires who hate regulation more than they love science.
aaronrosspowell.com
Aaron Ross Powell ☸️ @aaronrosspowell.com · May 7
This thread reminds me of something the Cato Institute's executive vice president David Boaz once said to me, as he watched, with great sadness, so many in his libertarian movement get on board with Trump: "It turns out they hate the left more than they love liberty."
sethcotlar.bsky.social
Seth Cotlar @sethcotlar.bsky.social · May 7
There's much overlap between the American "anti-leftist" tradition and the American conservative tradition. I'd argue that the "anti-leftist" tradition (with roots in the more McCarthyite/fascistic threads of the anti-communist tradition) attracted "conservatives" with a more authoritarian bent.
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by Dani Rodrik — Reposted by: Devashish Mitra, Archon Fung, Ashish Arora , and 3 more

drodrik.bsky.social
More than 80 Harvard faculty members have signed on to a pledge to donate 10% of their paycheck to support staff and students, as long as the University resists Trump's unlawful demands. I am so proud of my colleagues. docs.google.com/document/d/1...
Senior Faculty Pledging to Donate a Portion of Salary in Defense of University Community
Senior Faculty Pledging to Donate a Portion of Salary in Defense of University Community We are heartened by the University’s rejection of the Trump administration’s unlawful demands. We also recogn...
docs.google.com
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by Devashish Mitra

devashishmitra.bsky.social
If you believe in government efficiency, the first thing to do is to eliminate tariffs, not keep escalating them. And, Elon keeps invoking Milton Friedman. Friedman hated tariffs. Tariffs lead to consumption efficiency losses and production efficiency losses.
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by Devashish Mitra

devashishmitra.bsky.social
Any term, any jargon, any theory that has “stability” or “stable” in it Trump hates. He is the king of instability and uncertainty.
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by Devashish Mitra

devashishmitra.bsky.social
Elon Musk: “It will be fine long term.”
John Maynard Keynes: “In the long run we are all dead.”
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by Devashish Mitra

devashishmitra.bsky.social
Are they or are they doubling down on their choice?

by Devashish Mitra

devashishmitra.bsky.social
Most divisive Thanksgiving message from a president I have ever read. Clearly doesn’t intend to be president for everyone - only for half the country, who is clearly less powerful than president for the whole country. Obvious not trying to unite us. Very sad!!!
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by Devashish Mitra

devashishmitra.bsky.social
Yes, I’m lucky to be a resident of New York state. www.washingtonpost.com/opinions/202...
Opinion | New York is my country now
Searching for a safer country during the second Trump presidency? Look inward before fleeing.
www.washingtonpost.com
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Reposted by: Devashish Mitra

4humanunity.bsky.social
Dear Elon, when two black holes seeking attention (gravity) get too close, the more massive one absorbs the smaller! Between you and Donald J. Trump, what's your bet? My bet is on the latter. He has already destroyed anything that got too close. Just ask anyone who got too close.
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by Devashish Mitra

devashishmitra.bsky.social
Even for the results people without an understanding of math can provide intuition for, the actual, precise results wouldn’t have been arrived at without math.
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by Devashish Mitra

devashishmitra.bsky.social
I have been using this book (all editions so far) for my high-enrollment Economics of Globalization class for many years (roughly 2 decades). Now I co-teach this class with my colleague, Ryan Monarch.
douglasirwin.bsky.social
Douglas Irwin @douglasirwin.bsky.social · Nov 13
If Harris had been elected I would have done an update, but now I have to wait two years to see what happens 😮
bevansadvocate.bsky.social
Michael Thrower Chowdhury @bevansadvocate.bsky.social · Nov 13
2) Free Trade Under Fire - @douglasirwin.bsky.social
A fantastic rundown of free trade, its benefits and why it remains so controversial, written by a leading academic in the field. Helpfully, it keeps getting updated, the most recent is 2020.
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by Devashish Mitra

devashishmitra.bsky.social
I have been using this book (all editions so far) for my Economics of Globalization class for many years (roughly 2 decades). Now I co-teach this class with my colleague, Ryan Monarch.

by Devashish Mitra

devashishmitra.bsky.social
Just joined Bluesky. You can follow me here at @devashishmitra.bsky.social
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by Douglas A. Irwin — Reposted by: Devashish Mitra

douglasirwin.bsky.social
If Harris had been elected I would have done an update, but now I have to wait two years to see what happens 😮
bevansadvocate.bsky.social
Michael Thrower Chowdhury @bevansadvocate.bsky.social · Nov 13
2) Free Trade Under Fire - @douglasirwin.bsky.social
A fantastic rundown of free trade, its benefits and why it remains so controversial, written by a leading academic in the field. Helpfully, it keeps getting updated, the most recent is 2020.
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