Sabermetric Trade

October 18, 2010

I’ve been a stranger in these here parts recently but only because my beat—international trade and logistics—is busier than ever. International activity waits for no great recession.  But, given all the talk of China and global currency wars recently, I can’t resist pointing out this speech by Pascal Lamy, Director General of the WTO. The gist of it is the trade statistics which policy makers use to make decisions are outdated.   Here’s a particularly relevant section: Read the rest of this entry »