Prominent U.S. academic Jeffrey Sachs was less diplomatic in his assessment of Trump’s shepherding of American trade relationships, slamming the president’s repeated claims that deficits with China and other nations meant Americans were being taken advantage of
In an outspoken critique of the world’s food system, Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, called for profound change. “On the one hand we have hunger in places of poverty, with families who farm often unable to feed themselves,” Sachs says. “On the other,
The economist Guido Sandleris will be the new president of the Central Bank of Argentina (BCRA).
The Spanish economist questions the response of Europe and China to Trump's protectionism. "Everyone shoots themselves in the foot," he says. The behavior of all those involved in the commercial war is irrational, according to the economist at Columbia University Xavier Sala i Martín, who is concerned about an escalation
Columbia University economist Richard Clarida was sworn in as the Federal Reserve’s vice chairman on Monday, the central bank said in a statement. Mr. Clarida will serve as the No. 2 to Fed Chairman Jerome Powell, who administered the oath of office. Mr. Clarida was nominated to a four-year term
The sudden increase in the US deficit, from around 3% to almost 6% of GDP, owing to a poorly designed regressive tax bill and a bipartisan expenditure increase, has boosted growth to around 4% and brought unemployment down to a 18-year low. These measures may be ill-conceived, but they show
The Senate voted Tuesday to confirm Columbia University economist Richard Clarida to become Federal Reserve vice chairman, filling a top leadership position ahead of the central bank’s September policy meeting. President Donald Trump tapped Mr. Clarida in April to serve as No. 2 to Fed Chairman Jerome Powell, whom Mr.
With all due respect to Jeff Bezos and other billionaires who plan to spend billions of dollars of their personal wealth on space travel, hundreds of millions of children who lack access to basic health care and schooling more urgently need help right here on Earth. …Jeffrey Sachs is a