[applause] i know that youre applauding because youre here at the 2017 Miami Book Fair here in miami, florida. What a Beautiful Day it is here in miami this morning. Thats why we live here, and thats why such a wonderful destination for our visitors. Welcome again to Miami Book Fair, and we have a truly wonderful treat in store for you today. I hope many of you have had the opportunity all week to enjoy the outstanding presentations that have been taking place this year. I hope that you will continue with us through tomorrow evening when the sevenday fair closes. You know, this fair just would not take place each and every year without the cooperation, the collaboration, the passion, and the volunteerism of many people in our community. Namely, the students, faculty, staff of Miamidade College. [applause] and really hundreds of high school students, middle School Stunts and others in the community. So we truly thank everyone for coming together and unifying behind this Miami Book Fair.
Held the secretary, held with china in december, this was one of the issues of very much on the agenda, and weve made some progress in moving ahead on the application of antimonopoly law that we think should be applied to deal with issues of competition, not issues of industrial policy. So we are engaged with them as are our competition authorities and the ftc to work to encourage them to apply the law as its intended to be applied. I know these are tough areas. Canadas creation of a heightened standard for patentability, for pharmaceutical patents is a serious problem for our u. S. Innovators. This standard to obtain and enforce patent rights in canada. Also inconsistent with the World Trade Organization and under the nafta. We have raised this concern directly and repeatedly with the canadian authorities. That issue is now being litigated, and i believe the canadian authorities are looking to see how it proceeds in litigation as we continue that dialogue with them. Ambassador, from o
Chapter starts with a quote which ill read to you in its entirety. This talks about economics specifically wrong and microeconomics talks about things economists a wrorng about generally. Jokes aside, i dont think that does justice to the profession. I think in micro, i believe that is well published on which most academics agree, and by the standard of social sciences, a rigorous way of settling this agreement that is some scope for rigorous conclusive agreement, and they like to say micro is one true theory with many applications and macro has no true opinions. I think thats a fair assessment. Think about basic social relevant policy questions like did the obama stimulus, the agent of 2009 increase employment or not . If not, was it because it was too big or too small . It becomes really remotely resembling the policy question, and so theres always a lot of answers surrounding the answer, notwithstanding the fairly certain claims made by people who sort of know or think they know for
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