Monday, November 21, 2016
  1. Politics

    Donald Trump and the Sense of Power

    Robert J. Shiller
    Politics

    Donald Trump and the Sense of Power

    10

     does not see how the US president-elect can give his working-class voters what they most want.

    Pennsylvania middle class for Trump Mark Makela/Stringer

    US President-elect Donald Trump campaigned in part on a proposal to cut taxes dramatically for those with high incomes, a group whose members often have elite educations as well. So why did his most enthusiastic support tend to come from those with average and stagnating incomes and low levels of education? READ MORE

  2. World Affairs

    Donald Trump’s Choices in the Middle East

    Shlomo Ben-Ami
    World Affairs

    Donald Trump’s Choices in the Middle East

    4

     considers the challenges facing a US president-elect who is uniquely unqualified to address them.

    US Airtstrikes in Kobani Anadolu Agency

    The US president-elect's muddled statements offer little insight into what kind of foreign policy he will actually pursue, and there is not much reason to believe that, when his approach does become clear, it will be what the US – or the world – needs. That could have devastating consequences in the world's most tumultuous region. READ MORE

  3. Business & Finance

    Sanctions and the Risk to the Dollar

    Christopher Smart
    Business & Finance

    Sanctions and the Risk to the Dollar

    2

     cautions the US against abusing its outsize influence in the global financial system.

    Moscow protest against sanctions Anadolu Agency/Getty Images

    Any US administration should pause before cutting off access to the dollar-trading system as a way to punish misbehavior by foreign governments. Over time, even legitimate actors will find alternative commercial and financial channels if they come to feel that dollar access is conditional on not running afoul of US interests. READ MORE

  4. World Affairs

    Uniting for an Asian Century

    Lee Jong-Wha
  5. Economics

    Trump’s Monetary Conundrum

    Nouriel Roubini
    Economics

    Trump’s Monetary Conundrum

    12

     says the president-elect should favor a dovish Fed if he wants his fiscal policies to work.

    Newsart for Trump’s Monetary Conundrum Jason Connolly/AFP/Getty Images

    If the US Federal Reserve becomes too hawkish too soon, it will strengthen the US dollar, undermining Donald Trump’s stated goal of creating jobs and boosting incomes for his blue-collar base. Given his proposed fiscal expansion, Trump would be better off keeping Barack Obama's dovish appointees. READ MORE

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