Tag: economics
The rise of the loner consumer
In the grim pandemic years, people got used to staying inside. Outlays on services, including everything from restaurant meals and foreign travel to...
Trump’s tariffs have so far caused little inflation
Rarely have economists spoken in such unison. Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48...
What the failure of a superstar student reveals about economics
When the economics department at the Massachusetts Institute of Technology issues a statement, it is often to celebrate a Nobel Prize. In the...
America’s tariffs are the worst policy shock in trade history
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
The announcement on April 9th that America would pause sky-high reciprocal tariffs sent stockmarkets soaring around the world. Countries that had faced crippling...
What a refugee camp reveals about economics
It is Malawi’s rainy season and smartly dressed worshippers are spilling out from church. Couples, arm-in-arm, dodge potholes as they progress down the...
American inflation looks increasingly worrying
Jerome Powell’s press conferences—sometimes market-moving events—have attracted less notice of late. With Donald Trump in the White House, the chair of the Federal...
Why you should repay your mortgage early
The holiday from reality, for the happy few enjoying it, has been delightful. Three years ago it was still possible to fix a...
The danger of relying on OpenAI’s Deep Research
In early February Openai, the world’s most famous artificial-intelligence firm, released Deep Research, which is “designed to perform in-depth, multi-step research”. With a...
