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French-German Border Shapes More Than Territory
Steven Erlanger, The New York Times SÉLESTAT, France — This ancient town in the center of Alsace boasts the extraordinary Humanist Library, dating from the 15th century. But less proudly, Sélestat also has an unemployment rate of about 8 percent, much higher than towns just across the border in Germany. Emmendingen, a German town of 27,000 that is only slightly larger than Sélestat and barely 20 miles away, has an unemployment rate of under 3 percent. Among those under 25 years of age, the unemployment rate in Sélestat is 23 percent; in Emmendingen, it is 7 percent. The divergent economic circumstances of these two towns are striking, particularly given the cross-border cultural ties in the region. The reasons for the disparities, much debated, have emerged as a focal point of the French presidential campaign. Read More
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.