Obviously, if nafta were to collapse, canada has a bilateral trade deal with the u. S. What is the canadian priority here . Would it prefer to fall back to that . When the minister started talking about arlington cemetery, that was a metaphor for the death of nafta. Canada would probably be the least disrupted. It would be a shortterm pickup. Canada can fall back on the Free Trade Agreement with United States. There may not be that much of a disruption. Backandforth, the unconditional proposals, make a good agreement better. Some of these proposals run counter to rules. And we had the mexican representatives saying we will need to a knowledge we have limits. Are we going to be will to resurrect nafta or is the United States justifying a way to get out of this . Dollar is the billion question with mexico. We dont know where they are going with this. They have extended the talks. They do want to make progress. Donald trump keeps saying it is a bad deal. Robert today highlighted all the p
Facebook. Com booktv. Now we want to introduce you to professor Lanny Ebenstein who is the author of this book, chicagonomics. When we talk about the chicago school, what are we talking about . Guest theres a long history of economics at the university of chicago. And the most significant economists at the university of chicago have been in the free market tradition. So what chicagonomics is about is the history of economics at the university of chicago starting out with some of the early economists such as frank knight and henry simon and then moving on to milton friedman, Friedrich Hayek who taught for a time at the university of chicago and others. Host why is it that they ended up at chicago . Guest thats a good question. I think that once there was a nucleus of classical, liberaloriented economists at the university of chicago, it attracted other economists of a similar perspective there, and so it really became the center of Classical Liberal economics during the 20th century. Ho
Worldwide exchange here on a monday on cnbc im sara eisen. Im wilfred frost lets go to the markets and show you how the markets are shaping up especially the nasdaq. That was a standout. Up a full percent after the dow and the s p also closed higher futures are under a slight bit of pressure. S p down 3, nasdaq down 3 as well as for the 10year treasury note yield we come off a week with a pretty solid jobs report though wages werent moving higher enough and an announcement of a new fed chairman and the tenyear yield still low. The tenyear yield went down. It ended from 2. 43 to 2. 33. Better data on the u. S. Economy. Thats why financials were the worst performing sector. Tech was the best. Lets have a look at markets around the world asian markets this morning are a little bit mixed performance as you can see hong kong slightly lower. Shanghai and japan doing well. European trade for you, another great week for the dax both france and germany ended at record closes on friday. Germany
We have a lot of returning people, a lot of first time people. Great to have three great friends here i will introduce them in a moment. Im also very thankful for cspan. We have cspan here. I think this is the first time that cspan has been here to our beautiful campus. A lot of are everything they do no filter, no commentary, they just show whats going on and let it speak for itself. I have to give ron credit. He is one of our speakers on the rosenbergs. Said, youve got to invite cspan. Have never seen a lineup like this on a conference on communism. They will come. He was right. Called that exactly right. I have five minutes right now to set this up and introduce these guys, then get out of the way. We go until 11 00. I was thinking, how do you is thece a topic this 100th anniversary of people should like revolution, the Logic International communism how can i properly set up . I thought i would share and email i exchanged with a former student. Terrific kid, now teaching at a colleg
Existing visas will be honored, but new applicants must prove they have either a business relationship in the u. S. Or an immediate family member. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Emily im emily chang. This is Bloomberg Technology. Coming up, we will chart the wild swings and breakdowns in volatility. Plus, blue apron goes public to little fanfare. Why getting its valuation before the ipo may not have an a winning recipe for the Food Delivery Company and the growing challenges ahead. 10 years ago today, the world was introduced to the iphone. A trip down memory lane and the changing faces of the smartphone that made apple the worlds most valuable company. First, to our lead. For the second time this week, we saw a selloff in tech stocks. The nasdaq losing more than 1 , set to snap its winning streak. York tous now from new help us dissect the decline, our Bloomberg News the rep