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Trump’s Inflationary Triple Threat

BERKELEY – In 1919, John Maynard Keynes famously declared, “There is no subtler, no surer means of overturning the existing basis of society than...

Maurice Obstfeld

WASHINGTON, DC – “To me the most beautiful word in the dictionary is ‘tariff,’” Donald Trump told an audience at the Economic Club of...

BERKELEY – Donald Trump wrongly believes that America’s trade deficit is an urgent economic problem. Worse, his preferred corrective –...

BERKELEY – This election season in the United States has brought forth many bad policy proposals. One of the worst is the idea that America should...

BERKELEY – If the past three years have taught us anything, it is that low inflation cannot be taken for granted. Even though US inflation remains...