Adéu a Nihil Obstat | Hola a The Catalan Analyst

Després de 13 anys d'escriure en aquest bloc pràcticament sense interrumpció, avui el dono per clausurat. Això no vol dir que m'hagi jubilat de la xarxa, sinó que he passat el relleu a un altra bloc que segueix la mateixa línia del Nihil Obstat. Es tracta del bloc The Catalan Analyst i del compte de Twitter del mateix nom: @CatalanAnalyst Us recomano que els seguiu.

Moltes gràcies a tots per haver-me seguit amb tanta fidelitat durant tots aquests anys.

dissabte, 26 d’abril de 2008

De com la globalització redueix les desigualtats

Johan Norberg:
If there is something everybody agrees on, it is that inequlity is increasing in the US, and that trade with China is partly to blame. But everybody haven´t read this yet. Chicago economists Christian Broda and John Romalis look (pdf) at inflation rates between 1994 and 2005, and find that rates are much lower for goods (partly because of imports from China) than on services. This is interesting because the poor consume more goods and the rich more services.

This means that inflation rates for the richest ten percent outpaced inflation rates for the poorest by about 4 percent. This wipes out two thirds of the rise in inequality during these years, and China is responsible for half of that reduction. This is - or at least, it should be - influential findings in the US trade debate. Inequality is rising because of bigger education premiums, but trade helps to keep it lower. So the protectionists would not just make Ameria poorer but also more unequal.