For three quarters of a century, the US tried to convince others that borders didn’t matter, or shouldn’t matter, at least as far as the movement of goods and services was concerned. Trump has shown otherwise; and America’s trading partners will know that it could once again elect a protectionist and someone who does not believe in international institutions.
Trump and Globalization
By: Joseph E. Stiglitz – Columbia University
Effect on global imbalances – US and EA pushed further into disequilibrium
Cross-Atlantic Implications of the New United States Policy Mix
By: Marco Buti – European Commission
[…] the Trump 2017 period shows the largest increase in the S&P 500 index and in the number of food stamps recipients, which suggest a rise in the income inequality compared to the past policies.
Trumponomics, Asymmetric Animal Spirits and Income Inequality
By: Azhar Iqbal, John Silvia – Wells Fargo
What then is the specific responsibility of the economists? At the level of present-day individuals it cannot be very much. The profession is on the sidelines, brushed away in this era of direct rule by the business class. And this seems particularly true of conservative economists – there are hardly any left of any consequence, except possibly in the field of “law and economics.”
Pecuniary Valuation in the Age of Trump
By: James K. Galbraith – University of Texas at Austin
