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Contributors

Has the Embargo Damaged Farmers in Europe?

photo: Wayne Stadler EU food products exporters have not been affected as much from the counter-sanctions as Russian consumers. In November, at an ‘Action Forum’ of the All-Russia People’s Front, Vladimir…

Why Are Foreign Nations Dumping US Treasuries

photo: Kurtis Garbutt Recently, foreign holders of US treasuries have been dumping their holdings more and at record pace. Optimists see it as a temporary fluctuation. Realists warn about structural change.…

What Is the Nairu and Why Does it Matter?

photo: (Mick Baker)rooster In December 2016, after a year-long pause, the Fed resumed its tightening of monetary policy. As usual, the action took the form of a quarter point increase in…

Deplorables Didn’t Elect Trump, Jams Did

photo: Gage Skidmore Hillary Clinton famously characterized Donald Trump’s voters as a “basket of deplorables,” but she was wrong. Our friends, the British, have figured it out: Trump was elected not…

Europe at the War of Decimals

photo: Jeff Golden Anxious about the threats to Europe from Syria, Turkey, the refugee crisis, terrorism, Brexit? Be patient. Europe is now at the autumn war of decimals. The governments of…