Trade Negotiations aren’t Chess, Poker, or Go. They’re Bridge.

Trade negotiations are often mischaracterized as adversarial contests akin to warfare or chess. (The latter is increasingly invoked in varying degrees: 3d, 4d, and nth degree). Headlines speak of countries “battling” over tariffs or “outmaneuvering” each other in the global marketplace. But while those analogies may be emotionally satisfying and undergird ideological fervor, they fundamentally…

Regime Uncertainty and Market Uncertainty

The Great Depression formally began in August 1929, two months before Black Tuesday. Initially, the economic downturn that began late that Summer gave no signs that it was the start of what was to become – and, so far, remain – the greatest economic calamity in United States history.  Just a decade earlier there occurred…

Plastic’s Quiet Role in Defeating Poverty

We rarely hear positive things about plastic. Headlines overflow with alarming statistics on microplastic contamination and unsettling images of ocean pollution. Yet plastic has quietly played an essential role in reducing poverty, improving global living standards, and even saving lives. How could toxic, Earth-choking plastics possibly combat poverty around the world? In recent articles titled…

Plastic’s Quiet Role in Defeating Poverty

We rarely hear positive things about plastic. Headlines overflow with alarming statistics on microplastic contamination and unsettling images of ocean pollution. Yet plastic has quietly played an essential role in reducing poverty, improving global living standards, and even saving lives. How could toxic, Earth-choking plastics possibly combat poverty around the world? In recent articles titled…

Mie Instan Tanpa MSG Yang Tetap Delicious

Mie Pondok Sehat, jujur saya agak males nanggepinnya. Mie sehat? Bukannya mie itu udah identik sama MSG dan minyak? Tapi ya, karena saya lagi usaha mengurangi gorengan dan makanan instan, akhirnya saya putuskan coba juga. Awalnya cuma karena food istri ngomel terus tiap saya ngabisin dua bungkus mie instan tengah malam. Saya pikir, oke lah,…

The Benefits of Expertise — and Its Limitations

“An expert is one who knows more and more about less and less until he knows absolutely everything about nothing,” philosopher Nicholas Murray Butler once quipped.  While the statement holds some truth, expertise undeniably shapes our modern world. Without specialists, many advancements we take for granted — medical breakthroughs, technological innovations — would not exist….

‘Local Control,’ Fake and Real

A debate is raging over housing policy. Many state lawmakers have proposed overriding local growth controls — land-use regulations on housing, such as restrictive zoning requirements — in order to let the free market solve the housing crunch. For example, starter home acts preempting large minimum lot regulations were proposed in Arizona, Minnesota, Texas, North…