This pandemic may lead to more trade barriers, but is that such a bad thing?
The current crisis dominates everything, from trade to everyday life. But, within a relatively short space of time, it will pass. What next? What will be the “new normal” after coronavirus? A key policy aim across the west for many decades since the Second World War was to reduce barriers to international trade. But it […]
Trump’s tariffs are unlikely to plunge the global economy into a Great Depression
The Trojans had to beware of Greeks bearing gifts. In the same way, politicians need to be suspicious of petitions signed by economists. The vast majority of the UK economics profession backed Project Fear, which predicted a rise in unemployment of half a million by the end of 2016. Instead, unemployment has fallen almost continuously […]
