Tariffs and their Impact on Maine’s Lobster Industry

This blog post was co-written with James A. Huff, an undergraduate student in the Maine Business School’s Management Program.  It resulted from one of the assignments we worked on during our Global Business course, BUA 343, this semester. Protective tariffs have an effect on Maine’s lobster industry.  The squabble between China and the United States […]

From Saint Petersburg to Maine (part 2)

The airplane was not the most modern, actually it still had ashtrays in the arm rest, bathrooms, and corridors.  The last time I was in one of these planes I was going from Quito to Guayaquil, and that time I remember being scared.  We felt safe in this old plane; “at least the Russians had […]

From Saint Petersburg to Maine

I was sleep deprived during the month of June not only because of the “white nights” of Saint Petersburg and the abundant quantities of Russian vodka, but also because of the constant partying at the FIFA Fan Fest and the non stop watching and commenting on sixty-four soccer matches or should I say football matches. […]

Canada’s one-two punch

We tend to forget that until just a few years ago when the United States became the biggest producer of oil and natural gas, the Canadian market was our biggest supplier; not to mention the fact that they supply part of the American East Coast corridor and other parts of the borderland region with electricity. […]

It is not “fake news” but useless news

It is fascinating to talk to my students about Social Constructivism and how it applies to international business, international relations, politics, economics, society, culture, and the environment. It is shocking for many of them, particularly when they realize that the ideas and belief systems that molded them as individuals, citizens, and consumers were shaped by […]

Teachers and the International Workers’ Day

While the workers around the world mobilize to commemorate the International Workers’ Day, in the United States labor and labor agendas are barely remembered. Even on the issue of labor rights our country is divided. Although some sectors of our society have voiced their solidarity for the teachers’ strikes that have erupted in West Virginia, […]

Canada, Global Trade and Marijuana

Illicit drugs, corruption, transparency and governance, the crisis in Venezuela, and the assassination of Ecuadorian journalists in the hands of dissidents from the Colombian guerrilla group Fuerzas Armas Revolucionarias de Colombia (FARC) were some of the themes highlighted at the Eighth Summit of the Americas that took place in Lima, Peru.  Connectivity among the hemispheric […]

A Case of Behavioral Economics

The reason why my family and I moved to Maine sixteen years ago was not the result of the traditional rational decision making process taught in economics and business 101, it was more down the line of behavioral economics, a theory of economics that contradicted rational assumptions of human behavior, and that recently earned Richard […]

Steel and Aluminum “Made in U.S.A.”

The recent tariffs on imports of aluminum and steel announced by President Donald Trump have shaken the international trade system forcing other nations and economic blocs to retaliate, at least rhetorically. The European Union, for example, said they would study the possibility of raising tariffs on the export of American bourbon and peanut butter.[1] Brazilian […]