Are Services the New Manufacturers?

By Dani Rodrik.

After Overwhelming U.S. Visa Program, Where Will China’s Emigrants Go Next?

From WSJ.

A U.S. State Department official told the Journal that the EB-5 program—which grants visas to those who invest $500,000 in a range of development projects—has hit its quota of 10,000 visas for the fiscal year and won’t receive new applicants until Oct. 1. Chinese applicants made up about 85% of the 10,000 visas granted under the program. It’s the first time in the program’s 24-year history that the quota has been reached.

Keeping America's Edge

Very interesting article!

The Politics of Trade in Ohio

A nice article from NYT about NAFTA.
In summary, "It's the voters, stupid!"

China Exports Inflation

From NYT.

2008 New Year Reading

1. Stagflation Cometh by Joseph Stiglitz
2. A Recession Shoudn't Be in Your 2008 Forecast by John Berry
3. A New IMF Role: Global Stablizer by Harold James
4. Financial Globalization and US Current Account Deficit by Higgins and Klitgaard
5. World Top 10 Most Polluted Places from Scientific American

Krugman on Trade

Paul Krugman talks about "trouble with trade" on NYT.

Authors@Google

Google has a video series of author speeches:
Here are some that interest me:
Michael Bloomberg talks about corporate governance.
Paul Krugman talks about recent financial crisis.
Joseph Stiglitz talks about globalization.

Where Are New York Manhole Covers From?

They are from India.
An article with photos from New York Times tells us where and how they are made.

Sock Industries in Two Countries

Part 1: The sock industry and tariff in the US.
Part 2: The rise and fall of sock industry in Honduras.
From Adam Davidson NPR