Jared Bernstein did a brief item urging people not to overhype the potential of a Transatlantic Trade and Investment Partnership.
I have more of an editorial disagreement with this than an economic one, but my view in my latest column is that, if anything, TTIP is being massively underhyped. As with any big complicated economic arrangement, it's very possible that nothing much will come of it. But potentially at least it could be a huge deal with a much larger impact for good and for ill than NAFTA and other trade pacts. There's enormous possibilities for efficiencies and gains here but also enormous possibilities for malfeasance. People should be paying more attention.
TODAY IN SLATE
The Ebola Story
How our minds build narratives out of disaster.
The Budget Disaster That Completely Sabotaged the WHO’s Response to Ebola
PowerPoint Is the Worst, and Now It’s the Latest Way to Hack Into Your Computer
The Shooting Tragedies That Forged Canada’s Gun Politics
A Highly Unscientific Ranking of Crazy-Old German Beers
Welcome to 13th Grade!
Some high schools are offering a fifth year. That’s a great idea.
The Actual World
“Mount Thoreau” and the naming of things in the wilderness.