Kruse Kronicle

Tag: localized tradable sector

  • The Two Economies

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    by

    mwkruse
    in , , ,

    New York Times: The Two Economies  David Brooks … His [Tyler Cowan] work leaves the impression that there are two interrelated American economies. On the one hand, there is the globalized tradable sector — companies that have to compete with everybody everywhere. These companies, with the sword of foreign competition hanging over them, have become…