The trade policies of the new Trump Administration will lead to job losses and higher consumer prices. Moreover, the emphasis on bilateral trade balances is likely to be restrictive. The current protectionist tide is due to the lack of an honest public debate about the potential benefits of free...

The economics literature lacks articles that provide a broad roadmap-let alone a logical explanation-of the new set of Federal Reserve policy tools that were created to counter the COVID-19 recession. This study provides an overview of the motivation for these new credit-easing programs-namely...