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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

October 18, 2013 at 10:07 AM

Vote: The Trans-Pacific Partnership

Last Sunday, I wrote about the proposed Trans-Pacific Partnership. It would be the largest and most ambitious trade agreement in United States history, involving 12 and possibly more nations.

It is said to be based on high standards for such things as intellectual property protection, the environment and labor issues. The TPP is also critical to the Obama administration’s “pivot to Asia.” While no one in power admits it, the agreement would be about offsetting China”s rising power as much as about trade.

Critics are many, It apparently doesn’t address currency manipulation. Another big controversy is that the negotiations are being conducted in extreme secrecy. What do you think?

Read on for some of the best business and economic links of the week, plus the haiku…

This Week’s Links:

The shocking decline in productive investment | NY Times Economix

The myth of the medical-device tax | NY Times

People in Silicon Valley yawned at the shutdown. They shouldn’t have. | Washington Post

Outside the U.S., even a technical default would have had profound consequences | Project Syndicate

Adam Smith’s support for regulatory financial firewalls | Tim Taylor

Tax rates, inequality and U.S. deficits | The Big Picture

Sit-able cities are as important as walkable cities | TreeHugger

Meet CGI Federal, the company behind the botched launch of HealthCare.gov | Wonkblog

You’ll never believe where tech’s highest-paid engineers work | Wired

Today’s Econ Haiku:

A bungled rollout

For Romney/Obamacare

Profits won’t be flubbed

0 Comments | More in Trade | Topics: Trans-Pacific Partnership

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