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Curation of weekly selections – A distillation of the opinions that count!



Kenneth Rogoff
Filter: Category: ECONOMICS > US

    Ben Casselman, "Why Some Scars From the Recession May Never Vanish"

    The New York Times - paywall - 5 Oct 2017

    In the US (it’s also true in some other advanced economies), there is mounting evidence that some scars from the recession may never fade. Despite unemployment at 4.8%, more than 1.5 million workers have disappeared from the economy, many falling into poverty and drug addiction. Many economists believe that recessions now do permanent damage to the economy: the recession pushes people out of the labor force, but the recovery alone may not be enough to bring them back (reads in 5-7 min).

    Published in Weekly selection 6 October 2017

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  • ECONOMICS, Financial Markets, US

    Benjamin Cohen, "Is Trump Killing the Dollar?"

    Project Syndicate - 15 Aug 2017

    What was until recently a rhetorical question is now becoming an issue of acute relevance for all those who are structurally bullish about the $ (and the world!). President Trump’s actions are now severely undermining confidence in the greenback, which has lost 10% of its value since the election. Could the trickle turn into a flood that will leave the dollar permanently damaged? (reads in 4-6 min).

    Published in Weekly selection 18 August 2017

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    Jon Michaels, "Trump and the “Deep State”"

    Foreign Affairs (metered paywall) - 31 Aug 2017

    This is essential reading for those trying to understand how the conflict between President Trump and his government will pan out. The law professor explains why the widespread resistance inside the government to many of Trump’s endeavors is real, but doesn’t come from an insidious, undemocratic “deep state”. It simply comes from the large, complex hive of people and procedures that constitute the U.S. federal government. This makes it highly effective (reads in 5-7 min)

    Published in Weekly selection 18 August 2017

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