Tags: elliott morss

Bad Governance and Corruption in Countries: What Causes It?

In earlier writings, I have pointed to the primary shortcoming of democracy as a form of government. Special interest groups get what they want via lobbying and campaign contributions while the general question of what is good for the country is put on the back burner. more »

Trump’s Biggest Problem - Not the Russian Investigations

The papers are full of speculations of possible collusion between Trump associates and the Russians. And there is even now talk of Trump leaning on US intelligence leaders to drop the investigations. more »

What Is Keeping the Wine Industry So Prosperous?

May 21st, 2017
in wine

Introduction Times are good in the wine industry. Consumption is growing and French vineyards are selling for millions as are vineyards in Napa. Below, I discuss the reasons things are so good and the few dark clouds on the horizon. In sum, things are… more »

The US Has Been Running a Huge Trade Deficit for Years: How Can This Happen Without the Dollar Weakening?

May 10th, 2017
in trade data, macroeconomics

Introduction Many bemoan the large US trade deficit which represents the difference between the export and import of certain goods and services. Since 2000, the US has run an annual deficit ranging between $362 Billion (2001) and $762 billion (2006).… more »

Brexit - Who Wins and Loses

April 21st, 2017
in eurozone and euro

In all likelihood, Brexit is coming. What will its effects be and what countries will be injured the most? It clearly “depends.” While it is apparent that the UK would like trade linkages to remain the same, numerous Economic Union (EU) members have been piqued by Brexit and want to strip away some of the UK’s trade benefits. more »




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