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J Bradford DeLong

Breakneck describes China as a country of the sledgehammer, and America as a country of the gavel.

THE BROAD VIEW

Is a Sino-American synthesis possible?

No one has a mandate to speak for Trump, whose decision-making changes minute to minute on the basis of “instincts” and whatever happens to be showing on his TV.

PERSPECTIVE

Rudderless America

A rest stop along the Martin Goodman Trail, which hugs Lake Ontario in Toronto. Canada should be working to link resource-rich parts of its economy to Europe and China.

PERSPECTIVE

Rescuing America’s economy from Trump

A press briefing at the White House. The US desperately needs media outlets that take the trouble to discern which Trump pronouncements are backed by dedicated policymaking teams and bureaucracies, with the intent to follow through, and which are not.

THE BOTTOM LINE

Trump’s smoke and mirrors

Elon Musk falsely claimed that each member of Congress would get a 40 per cent pay raise, when in fact they are scheduled to get a 3.8 per cent cost-of-living bump regardless of the bill under consideration.

THE BOTTOM LINE

A preview of US politics for the next few years

Voters in Concord, New Hampshire, on Nov 5, 2024. Polling data show that Donald Trump’s supporters were deeply misinformed about most of the campaign’s defining issues. Was this due to bad actors exploiting a broken information ecosystem, or did they reflect an electoral majority that chooses to be misinformed?

THE BOTTOM LINE

Misinformation decided the US election

Attendees at a job fair in Latham, New York. After rising from 3.8% a year ago to 4.3% in July, the country's unemployment rate is back down to 4.1%.

PERSPECTIVE

Enjoy the soft landing

The central assumption was that markets would always deliver better outcomes than government programs could. Yet the consensus today is that this approach failed spectacularly.

America has no alternative to industrial policy

J DVance,

Patriotic grift

More and more of what we do is driven by a complex assembly of vast interlocking social and technological mechanisms that we have made, but do not understand.

How humanity lost control

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