The Business Times

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?

If you want to know what is driving today’s China or America, Chinese-Canadian analyst Dan Wang’s new book is an indispensable guide

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

Trump’s ‘policy process’ cannot be carried out – such is life in the court of the mad king, and that is why...

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

Under Donald Trump, the US could soon find itself in a position analogous to post-Brexit Britain. The US president himself needs a...

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

Donald Trump’s principal purpose in issuing any pronouncement is to gain attention. Unfortunately, much of the US media seem uninterested in helping...

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

Trump and his entourage sought to orchestrate an unnecessary government shutdown. Grandstanding and performative gestures, not sound policy and basic competence, will...

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

Why did Trump’s supporters overwhelmingly hold a distorted view of the country’s situation?

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 US economy appears to be firing on all cylinders, even after a historically rapid cycle of monetary-policy tightening

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

Nothing played out the way neoliberalism’s advocates had envisioned, unless you count the sharp increase in wealth and income inequality over the...

J DVance,

Patriotic grift

The writer clarifies the fundamental difference between today’s Democrats and Republicans

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

A recent book explains why big, complex social systems so often go off the rails

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