The new head of the International Monetary Fund warned on Tuesday that America’s trade war with China could cost the global economy around $700 billion by 2020 — a loss equivalent to the size of Switzerland’s entire economy.

In a comment on Arnold Kling’s post on intersectionality today, John Alcorn writes: "A hypothesis: Ideology of intersectionality will flourish more at (residential) colleges than at the workplace, because residential colleges are structurally totalitarian institutions."

South Korea logged the sharpest drop in exports among the world’s 10 largest economies in terms of outbound shipments, according to data compiled by the World Trade Organization.