EPA Administrator Scott Pruitt has proposed steps that would reduce economic benefits to society from new regulations. An economist who worked for Presidents Clinton and Obama calls this a strategy to justify deregulation.
Economics isn’t just about money – it offers ways to tackle many of our problems. But economists lack diversity, and that limits how they see the world and the solutions they offer.
The underlying problem with Donald Trump’s tariffs on steel and aluminum isn’t Trump. It’s the increasing willingness by the U.S. to impose its will on its neighbours amid rising economic nationalism.
Alberto Cardaci, Università Cattolica del Sacro Cuore - Catholic University of Milan
Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.
Even if policies could be found to bind new immigrants to regional areas, workers’ movements would continue to weaken the long-run impact on regional populations and economies.
Yixiao Zhou, Curtin University and Rod Tyers, The University of Western Australia
We modelled a number of scenarios showing all increases in US or Chinese trade protection would cause international trade, and the global economy more generally, to shrink.
A stint teaching university students in Lithuania leaves a longtime economics professor optimistic about the future of Eastern Europe as it continues its transition to a free-market economy.
We looked at ten countries in East Africa and found poverty and politics were much more important drivers of conflict and displacement than climate change.
Nailed to the door of the London School of Economics, the ‘33 Theses’ offer a long overdue challenge to economics dogma. But there are omissions as well.
As the governor of China’s central bank oversees the stability of the world’s second largest economy, this leadership change is one the global economy is watching closely.