A threat to rules-based global multilateral trading system
During his election campaign and also on assumption of his office President Donald Trump has put aggressive trade policy at the centre of his approach to the US economy. His 2017 Trade Policy Agenda and 2016 Annual Report clearly outlined his fundamental approach to US's trade relations with the rest...
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The value of government risk taking
Economic debates are often presented as black-and-white battles between conservatives calling for smaller government, and progressives arguing for more public spending. But this simplification overlooks the way that markets are co-created by different actors. As economic historian Karl Polanyi wrote in his classic book The Great Transformation, "free markets" are...
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