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NATO is a defensive alliance. Russia is an invading nation. I stand with NATO.

On 9/11, the people of Gander stepped up. They showed the very best of Canada.

Chenxiao Li uses unpublished archival records to show that Japan weakened the Allies’ economic blockade of WWI Germany by not enforcing sanctions until 1917. Belated enforcement was important bc it paved the way for state intervention in private assets. doi.org/10.1111/aehr.1…

Japanese stock market efficiency 1924-43 changed with contingent historical events & institutional features, according to Hiryama & Noda using new metrics & a capitalization-weighted price index. A war risk premium reduced efficiency & increased volatility doi.org/10.1111/aehr.1…

Lead article in a new issue of the Asia-Pacific Economic History Review is a sweeping reinterpretation of the southward shift in China's economy 671-1371 CE by Professor Zhiwu Chen and coauthors. Open access!

Its time to post more old free trade posters! This one is from the infamous tariff reform election in the UK.

This stale "trade deficits have deindustrialized America" nonsense doesn't get any less wrong just because you keep repeating it. Manufacturing employment has been shrinking since the end of world war 2, long before the US began trading with China (we had a complete embargo on

Tariffs and, specifically, manufacturing tariffs were uncorrelated with economic growth amongst the Australian colonies: onlinelibrary.wiley.com/doi/abs/10.111… Asia_Pacific_Economic_History_Review

Last week, I wrote to my Congressman, urging the United States Congress to rescind all tariffs imposed recently. I encourage others to do the same.

We don’t have to let Trump’s tariffs wreck our economy—it’s a choice. The Constitution gave Congress trade authority, not the President. Congress delegated tariff powers to the President and we can take them back. We have bills (one is mine). We just need votes to pass them.

Foreign and domestic protectionism: what impact on the British economy? economicsobservatory.com/foreign-and-do…

Even Americans don’t want Trump’s barmy tariffs, writes Douglas Irwin economist.com/by-invitation/…

Nan Li & Heqi Cai examine governance structures during the Tang-Song transition with county data in 813 & 1080 AD to show social transformations, inc changes in bureaucratic institutions & econ development, enhanced state capacity centuries before Europe. doi.org/10.1111/aehr.1…

‘You’d have to go back about 100 years to find such a reversal in trade policy.’ As global markets are left reeling from Trump’s tariffs, Brian Varian gives Matt Frei a brief history lesson.

Japan's failure to enforce sanctions on Germany until late in WWI weakened the Allies’ commercial blockade, according to Chenxiao Li. The belated enforcement of sanctions marked an important milestone for state intervention in Japanese private assets. doi.org/10.1111/aehr.1…

Sheilagh Ogilvie (Oxford) is now presenting her paper “Was Serfdom Good for the Economy? Peasants, Lords, and Markets in Early Modern Bohemia” 👇🏼

A pleasure to talk about serfdom and my Leverhulme project yesterday at the Arthur Lewis Lab for Comparative Development. Oxford Economic & Social History The Arthur Lewis Lab for Comparative Development The Leverhulme Trust #echist

This is a strong contender for the best title in an economic history paper ever. Punning 1066 with $4.86 remains an extraordinary achievement. Nobody has yet matched Moggridge’s game.