TFP rightly spends a lot of work and mindshare on geopolitics. Yet the fact that geopolitics is driving current economic policy, and the urgency to adopt it, isn't considered by economists or linked together by those like TFP that cover both. Niall Ferguson is the exception here, but the myopia on tariffs as the only aspect of US economic policy changes is striking.
TFP rightly spends a lot of work and mindshare on geopolitics. Yet the fact that geopolitics is driving current economic policy, and the urgency to adopt it, isn't considered by economists or linked together by those like TFP that cover both. Niall Ferguson is the exception here, but the myopia on tariffs as the only aspect of US economic policy changes is striking.
TFP rightly spends a lot of work and mindshare on geopolitics. Yet the fact that geopolitics is driving current economic policy, and the urgency to adopt it, isn't considered by economists or linked together by those like TFP that cover both. Niall Ferguson is the exception here, but the myopia on tariffs as the only aspect of US economic policy changes is striking.
What additional economic policies are you referring to?