Today’s global trade system was never intended to last forever.
Their discontent belies the strong jobs market, which added more than 250,000 employees in December.
Policymakers failed to state whether inflation would moderate again or if there were reasons to worry about the economy.
Their inflationary effects may be overstated, but tariffs may also fail to accomplish the president-elect’s goal of reducing Chinese imports.
Washington can no longer ignore the nation’s growing debt overhang.
Many of China’s economic problems stem from Xi Jinping’s stubborn commitment to central planning.
The credit-rating firm’s move has rightly been mocked, but it nevertheless makes an important political-economic point.
The White House’s revised attempt at student-debt forgiveness is likely to run into the same problems as the last one.
There will be no default.
Martin Wolf’s new book offers compelling advice for restoring the symbiotic relationship between market capitalism and liberal democracy.
Despite bullish job numbers, we could still be headed for a recession.
A Congressional Budget Office report leaves no doubt about the cause of the nation’s crushing debt burden.
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