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Skip to main contentProject Syndicate - Back to homeMagazineLog inSearchMenuLatestColumnistsSectionsEconomicsPoliticsDevelopmentSustainabilityCultureInnovationValue in the Age of AITopicsPS 25Trade WarsThe EUValue in the Age of AIAfricaView allOn PointBig PictureMultimediaVideosPodcastsTrump’s Deficit EconomyDrew Angerer/Getty ImagesTrump’s Deficit EconomyJoseph E. StiglitzEconomists have repeatedly tried to explain to Donald Trump that trade agreements may affect which countries the US buys from and sells to, but not the magnitude of the overall deficit. But, as usual, Trump believes what he wants to believes, leaving those who can least afford it to pay the price.1Add to BookmarksThe Myth of Welfare DependencyPS OnPointArterra/Universal Images Group via Getty ImagesThe Myth of Welfare DependencyRema HannaSince long before US President Bill Clinton followed through on his promise to “end welfare as we know it,” it has been widely assumed that cash transfers to the poor create a “culture of dependency” and reduce work. But a growing body of empirical evidence suggests otherwise.0Add to BookmarksTrade Disruption Is a Symptom of a Deeper MalaiseWang Zhao/AFP/Getty ImagesTrade Disruption Is a Symptom of a Deeper MalaiseMohamed A. El-Eriansays efforts to promote faster and more inclusive growth must go beyond resolving US-China tensions.2Add to BookmarksDaniel GrosThe Real Cost of Trump’s Trade WarsBig Tech’s Harvest of Sorrow?Getty ImagesBig Tech’s Harvest of Sorrow?Daron Acemoglusees disturbing parallels between Silicon Valley's rationalist utopianism and that of past central planners.0Add to BookmarksRoger McNameeSocial Media’s Junkies and DealersThe Currency Manipulation GameNarvikk/Getty ImagesThe Currency Manipulation GameJeffrey Frankelsays the recent depreciation of the renminbi was the result of planned American tariffs rather than Chinese policy.0Add to BookmarksBenjamin J. CohenCan America and China Avoid a Currency War?Elizabeth Warren’s Trade MakeoverSean Rayford/Getty ImagesElizabeth Warren’s Trade MakeoverDani Rodrikpraises the US presidential candidate's plan for holding countries to high labor and environmental standards.3Add to BookmarksElizabeth DrewCould the Democrats Blow It?Can America and China Avoid a Currency War?Xu Jinbai/VCG via Getty ImagesCan America and China Avoid a Currency War?Benjamin J. Cohenholds out hope that the world’s two largest economies may yet achieve some form of exchange-rate détente.4Add to BookmarksHarold JamesA Future Without Currency Wars?India’s Bad Bet in KashmirAsif Hassan/AFP/Getty ImagesIndia’s Bad Bet in KashmirRamesh Thakurworries that the removal of the disputed territory's special status will spark a new wave of violence.22Add to BookmarksShahid Javed BurkiThe Drums of War in KashmirThe Battle for UkrainePS25Uriel Sinai/Getty ImagesThe Battle for UkraineNov 25, 2004Yuliya TymoshenkoTo commemorate
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