Andres Velasco

THE WRITER, A FORMER FINANCE MINISTER OF CHILE, IS DEAN OF THE SCHOOL OF PUBLIC POLICY AT THE LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

Unemployed steelworkers in America’s Rust Belt did not get the economic lift promised during US President Donald Trump’s first term.

Deliveroo politics

Don’t buy the conventional wisdom that populists are winning because democracy is not

The European Union is supposed to be a fully unified market for trade in all goods and services, but the truth is that many barriers remain.

Why is Europe so wimpy?

The continent has only itself to blame for its inability to project geopolitical strength

To serve as a lender of last resort, the Fed must make an ironclad commitment that it will not inflate away the value of the debt – and Trump is doing his best to erode the credibility of that promise.

The world’s newest emerging market

There are disturbing parallels between the US and countries on the verge of a public-debt crisis

An empty bar in Santiago, Chile. The Chilean economy, once the wonder of Latin America, has barely been growing in recent years, and the investment boom of the 1990s and 2000s is long past.
THE BROAD VIEW

Chile’s unhappy success

Why are voters flocking to right and left-wing populists ahead of this year’s presidential election?

At the end of 2024, foreigners held nearly US$8.6 trillion in US federal debt.

Who benefits from a global dollar?

Almost everyone does, not least the US, even as the Trump administration jeopardises it

To give populists like Trump a run for their money, liberals need to speak in moral terms and connect with most voters' moral intuitions.
THE BROAD VIEW

How liberals lost America

Donald Trump’s return to power is due to Democrats’ embrace of both moral neutrality and moral preachiness

FILE PHOTO: A woman passes by the Bitcoin Monument after bitcoin soared above $100,000, in Ilopango, El Salvador, December 5, 2024. REUTERS/Jose Cabezas/File Photo
PERSPECTIVE

Crypto’s unholy choir

Ever since Bitcoin was launched 16 years ago, crypto has been a solution in search of a problem. What is new is...

Populists such as Trump appeal to voters’ deep-seated values and sensibilities by connecting to people’s identities, and by understanding much better than liberals the tribal nature of contemporary politics.

How not to react to Donald Trump

There should be more serious thinking by progressives and fewer kneejerk calls to ‘abandon neoliberalism’

Argentina’s libertarian president Javier Milei told the General Assembly that instead of the UN’s “supranational programme of a socialist nature”, the world needs a “freedom agenda”.
THE BROAD VIEW

Who needs a new economic paradigm?

What’s behind the ambition, on both the left and right, to promote a transformative vision of the field?

Newly elected British MPs in the House of Commons Chamber on Jul 9.

In praise of first-past-the-post

With many labelling this year’s British election as historically unrepresentative, calls to reform or abandon the first-past-the-post system are ringing loudly. But...