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I Dissent: Unconventional Economic Wisdom
20 февраля, 13:19

How to Survive the Trump Era

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In barely a month, US President Donald Trump has managed to spread chaos and uncertainty – and a degree of fear that would make any terrorist proud – at a dizzying pace. While most elected officials welcome being all things to all people, Trump has left no room for doubt about who he is.

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09 января, 13:49

Trumpian Uncertainty

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As the world’s largest economy leads the way into uncharted political waters in 2017 and beyond, it might be best to set aside the ordinary laws of economics. Which policies Donald Trump will pursue remains unknown, to say nothing of which will succeed or what the consequences will be.

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19 декабря 2016, 13:29

Bad News for America’s Workers

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There really is no silver lining to the cloud that now hangs over the US and the world. As bad as President-elect Donald Trump's administration will be for America’s economy and workers, its policies on climate change, human rights, the media, and ensuring peace and security are likely to be no less damaging for everyone else.

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13 ноября 2016, 12:30

What America’s Economy Needs from Trump

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Donald Trump’s astonishing victory in the US presidential election has made one thing abundantly clear: too many Americans – particularly white male Americans – feel left behind. Unfortunately, he is unlikely to pursue the policy agenda his voters need.

14 октября 2016, 15:00

How Trump Happened

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Donald Trump's chances of winning the US presidency may be lower than Hillary Clinton's, but the odds of shooting oneself in Russian roulette are also lower than surviving. The fact that Americans are even willing to play the game should be a wake-up call for political elites.

14 сентября 2016, 12:49

A Better Economic Plan for Japan

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Japan has been mired in economic malaise for more than two decades – and it is likely to remain there unless policymakers change course. That means, above all, embracing a large carbon tax and green finance, as well as considering monetizing government debt.

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22 августа 2016, 16:00

Reform or Divorce in Europe

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To say that the eurozone has not been performing well since the 2008 crisis would be an understatement. Unless its authorities make seven changes, its members will inevitably conclude that they are trapped in an untenable marriage.

05 августа 2016, 15:19

Globalization and its New Discontents

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Many neoliberal economists, confronted with surging support for populists in Europe and the US, remain convinced that everyone really is benefiting from globalization; they just don't know it. But if the problem is one of psychology, not economics, income data suggest that it is the neoliberals who would benefit from therapy.

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06 июля 2016, 11:00

From Brexit to the Future

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The EU is preparing to take a tough line with Britain, in order to deter other member states from following it out of the Union. But it is the neoliberal agenda that has prevailed for the last four decades, benefiting only the top 1%, that has fueled voter anger on both sides of the Atlantic.

14 июня 2016, 11:59

Learning from Namibia

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Sandwiched between Angola and South Africa, Namibia shows that even countries that start with serious disadvantages – extremes of racism, colonialism, inequality, and underdevelopment – can chart a path toward shared prosperity. Its achievement deserves international recognition – and emulation.

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13 мая 2016, 15:19

Monopoly’s New Era

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For 200 years, there have been two broad approaches to understanding what determines the distribution of income – and how the economy functions. It is important to understand both schools of thought, because rising inequality is forcing us to leave one and enter the other.

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13 апреля 2016, 15:50

What’s Wrong With Negative Rates?

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One reason for the lingering effects of the 2008 financial crisis is central banks' continued reliance on a flawed economic model. As long as policymakers focus on interest rates instead of on the flow of credit, the problem of deficient aggregate demand is unlikely to be resolved.