A Trade War is No Reason to Ease Monetary Policy

HKS Affiliated Authors

James W. Harpel Professor of Capital Formation and Growth

Excerpt

November 26, 2018, Opinion: "A trade war is a negative supply shock, and central banks cannot counteract the negative effects of current policies on real incomes in the United States, the United Kingdom, and many other countries. Only voters can do that."

In This Section

HKS Affiliated Authors

Excerpt

Financing trillion-dollar infrastructure projects? Here’s some advice

The Ghost Budget: How U.S. war spending went rogue, wasted billions, and how to fix it

I helped balance the federal budget in the 1990s – here’s just how hard it will be for the GOP to achieve that same rare feat