Tag: stock market
Panic Attacks Startle Wall Street

The danger of seeing the stock market as a measure of political performance is that the government will be tempted to intervene.

Reflections on Donald Trump’s Election

As the markets and pundits react to Donald Trump’s enormous upset victory, let me offer my own reactions. As an economist, I will focus on matters pertaining to economic policy. The Danger of Hubris and Denial. Everybody recognizes that the “experts” and polls were totally wrong. Indeed, I was listening to NPR around 6...
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