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Economy – Articles, Analysis, Opinion

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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.
Loading new furniture donated to Hurricane Irma survivors in Chokoloskee, Fla. AP Photo/Wilfredo Lee

Sending help where it’s needed most after disasters

The billions of dollars worth of aid dispatched every year to alleviate the suffering and damage after earthquakes and hurricanes would do more good if it didn’t get clumped up.