Articles sur Economics

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Ministers Lim Hng Kiang, David Parker, J. Jayasiri, François-Philippe Champagne, Steven Ciobo, Heraldo Muñoz Valenzuela, Dato Pehin, Toshimitsu Motegi, Ildefonso Guajardo, Eduardo Ferreyros and Tran Tuan Anh at the signing of TPP-11 in Santiago, Chile, March 8 2018. Mario Ruiz/EPA

The Senate is set to approve it, but what exactly is the Trans Pacific Partnership?

Labor says it will wave through the 11-nation Trans Pacific Partnership deal, then amend it in government. That won't be easy.
The trade deficit, and how much a country exports or imports, is only part of the story. AP Photo/Reed Saxon

Why trade deficits aren’t so bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is 'losing.' An economist explains why that's rubbish.
More milk from these Wisconsin dairy cows may find its way to Canada under the new trade deal. Reuters/Darren Hauck

How is new NAFTA different? A trade expert explains

Canada, the US and Mexico have signed a deal to rip up the 25-year-old NAFTA and replace it with something new. But what's actually changed?
The financial system is awash with money, which is why interest rates have been so low for so long. (Shutterstock)

How banks have set a trap for the U.S. Fed by creating money

It's been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who's truly benefitted?
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful. Reuters/Lawrence Bryant

How Trump’s trade war affects working-class Americans

The president says he's fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.

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