Why populist strongmen love low interest rates, what Trump’s tariffs mean for India, and more
Welcome to edition #90 of PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.
Lucrezia Reichlin highlights a key shortcoming in the European Union’s strategy for strengthening its autonomy in payments.
William H. Janeway worries that the financial and scientific foundations of the American innovation economy are breaking down.
Worried about an AI bubble? Carl Benedikt Frey, the author of How Progress Ends: Technology, Innovation, and the Fate of Nations, will share his thoughts on why many AI investments are underperforming in tomorrow’s PS Longer Reads and Interviews newsletter. Sign up here.
Simon Johnson shows why the Trump administration’s no-holds-barred campaign for lower interest rates is likely to backfire.
Şebnem Kalemli-Özcan points out that populists often view central banks as a tool to mask the effects of their misguided policies.
Kenneth Rogoff explains how the era of cheap money limited policymakers’ ability to respond to future shocks.
Jorge Arbache and Otaviano Canuto show that the United States has not lost manufacturing capacity, but rather internationalized it.
Kaushik Basu, Jayati Ghosh, Ajay Shah, and others consider the merits and limits of the country’s response to US economic coercion.
Diane Coyle explains the threat manipulation of official data poses to investor confidence and government effectiveness.
Jeffrey Frankel marvels at the MAGA movement’s apparent commitment to reversing progress on public health.
Dambisa Moyo offers a four-point strategy for weighing investment or policy choices during uncertain times.
PatientsLikeMe CollegeOfEurope Regenerativt Era via Dentistry & Medicine UNICEF Global Health Springer Nature EUIPO/WIPO #EternalNafas #NegarTime WeDontHaveTimeGlobalHealth Friendsofeurope CET VR Medscape WIN TGL🇪🇸🇪🇺
2wStraumann Dental