The Value of Value Chains

Usually, the action at the American Economics Association’s annual meeting revolves around weighty pronouncements by […]

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Locked In

Standardizing the shipping container in the mid-1960s was a pivotal step in globalization. Up until […]

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The Queen Went Shopping

The death of Britain’s Queen Elizabeth on September 8 triggered a slew of reminiscences about […]

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Rise and Fall

What do Baltimore, Keelung, Jeddah, Belfast, and Melbourne have in common? Yes, of course, all […]

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Too Much Stuff

The U.S. distribution system is stuffed with stuff. Business inventories in April were up nearly […]

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Trade Secrets

A couple of years ago, an exec at a major freight forwarder asked me to […]

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