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Articles on political economy

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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.
Thomas Frank: wit and author of Listen Liberal. Vimeo

After Trump 2016, will liberals listen?

Trump’s noxiousness aside, it remains the economy, and the Democrats’ abandonment of their traditional base that explains Trump’s ascent, according to American commentator Thomas Frank.
The rise of the BRICS countries is a case of political life imitating economic art. Reuters

BRICS herald new era in international political economy

The global recognition of BRICS – Brazil, Russia, India, China and South Africa – has not only led to their greater global political influence, but also reinforced their regional leadership.

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