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
Meet the New Bosses
How the Republicans would run the Senate.
The Government Is Giving Millions of Dollars in Electric-Car Subsidies to the Wrong Drivers
Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.
Cheez-Its. Ritz. Triscuits.
Why all cracker names sound alike.
Friends Was the Last Purely Pleasurable Sitcom
This Whimsical Driverless Car Imagines Transportation in 2059
- Protesters Take to the Streets to Sound Alarm on Climate Change in New York, Across the World
- Knife-Carrying White House Jumper is Vet who Feared “Atmosphere Was Collapsing”
- North Korea: American Sentenced to Hard Labor Wanted to Become “Second Snowden”
- Almost One in Four Americans Support Idea of Splitting From the Union
Did America Get Fat by Drinking Diet Soda?
A high-profile study points the finger at artificial sweeteners.