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America’s scientific prowess is a huge global subsidy

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One of the best things about living in Europe is America. Faced with a moribund domestic stockmarket, European investors can redirect their savings...

Trump will be unpleasantly surprised by America’s tariff revenues

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In the early 20th century, before America had an income tax, tariffs paid many of the government’s bills. President Donald Trump wants to...

Don’t blame imports for the fall in America’s GDP

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It is a tenet of Donald Trump’s economic philosophy that trade deficits are bad for growth. It can also seem like a cornerstone...

Slashing NASA’s Programs Will Squander America’s Place in Space

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Slashing NASA’s Programs Will Squander America’s Place in SpaceThe Trump administration’s plans to cut NASA’s science missions will destroy the U.S. space legacyBy...

Trump fires at the Fed. America’s economy is collateral damage

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DONALD TRUMP can rarely resist the urge to engage in name-calling. Typically his barbs are more juvenile than consequential. But his designation of...

A flight from the dollar could wreck America’s budget

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In 1990s Japan the worst days of a market crisis brought about a “triple yasu” loss: a fall in stockmarkets, a rise in...

A flight from the dollar could wreck America’s finances

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In 1990s Japan the worst days of a market crisis brought about a “triple yasu” loss: a fall in stockmarkets, a rise in...

America’s financial system came close to the brink

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For a good few hours on April 9th, disaster beckoned. Share prices had been falling for weeks. Then the market for American Treasury...

America’s tariffs are the worst policy shock in trade history

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By imposing heavy tariffs on its trading partners, America has not only provoked a market crash, raised uncertainty to unprecedented levels and maybe...

Despite the pause, America’s tariffs are the worst ever trade shock

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The announcement on April 9th that America would pause sky-high reciprocal tariffs sent stockmarkets soaring around the world. Countries that had faced crippling...
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