The populism alibi masks real problems of Western democracies. Behind its demagogic tone, Donald Trump has opened a new chapter in the political debate on the negative social effects of globalization,.
Raising interest rates is a dangerous step in today’s integrated global economy, and it would further distort financial asset prices, setting them up for a possible disorderly correction..
While we must fight many horrible policies on Trump's agenda, there may actually be a huge dividend if he succeeds in pushing the economy to full employment.