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Tuesday, 17 April 2018 - 10:41pm
China may give Donald Trump some face-saving way out from the trade war he has started, but it won't offer any substantive concessions. In other words, Trump's tariffs will do nothing to improve America’s external balance, output, employment, or real wages.
Tuesday, 17 April 2018 - 10:10pm
Academics can no longer afford to pat themselves on the back and celebrate their own privileges. If they are to defend the freedom of their enterprise, they must restore dialogue with the broader public and ensure that the relevance of their research – and how research actually occurs – is well understood.
Tuesday, 17 April 2018 - 8:48pm
With the release of a new Treasury report, the US House of Representatives may finally stop pushing for a change to the procedure for restructuring failed banks that would amount to a step backward. Yet, to protect the economy from future mega-bank failures, much more work needs to be done.
Tuesday, 17 April 2018 - 7:28pm
Even if Donald Trump’s protectionism proves to be a short-run aberration, US global dominance is likely to continue to decline. To ensure that US hegemony gives way to a peaceful and prosperous global balance of power, the European Union must step up.
Tuesday, 17 April 2018 - 6:58pm
In less than 15 years, China has gone from playing a marginal economic role in Latin America to being among the region's top investors and trading partners. The elites whom China is courting as part of its efforts to expand its influence have a responsibility to provide a clear-eyed assessment of the potential pitfalls of engagement.
Monday, 16 April 2018 - 11:29pm
For all of his many other legal and political problems, is it possible that Donald Trump could be brought down by a porn star? His lawyer's payment to her to buy her silence about a one-time liaison with the US president may not be the only issue at stake.