all posts in the 'Trade' category


Kate Moss - development economist

Personally I can’t understand the excitement of cut price ladies’ clothes range, ghost-designed and modelled by a truculent Croydon superstar whose wealth appears predicated on the ability to look OK and walk, and turn.
I’m even more confused by the thousands who’d queue overnight just to get their hands on this tat. However, it’s their preference, […]

Fair trade - process vs outcome

Dani Rodrik has an interesting post on the procedural fairness of trade
a redistribution that takes place because home firms are undercut by competitors who employ deplorable labor practices, use production methods that are harmful to the environment, or enjoy government support is procedurally different than one that takes place because an innovator has come up […]