• Canadian Pacific and Kansas City Southern railroads agree to merge, forming “first USMCA railroad network”; • HUGE proposal for Honduras, Guatemala, and El Salvador would provide home country jobs, relieve US border crisis; • US farmers taking big export hit from US dropping out of Trans-Pacific Partnership; • US Trade Representative Katherine Tai is […]
Bad governments create externalities, a.k.a. refugees
Bad governments produce refugees, hundreds of thousands of them — fleeing for their lives, livelihoods, or both. The US is by no means alone in facing unwanted crowds of refugees heading for its borders. For some countries under some circumstances, refugees can be a boon. Europe’s refugees who came to US shores in the 19th […]
