Edition #50: November 14, 2024

Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.

Once Again, It Was the Economy, Stupid

Mohamed A. El-Erian explains how and why Democrats failed to connect with US voters’ pocketbook realities.

PS Roundtable: The Return of Trump

Carla Norrl?f, James K. Galbraith, and others consider what the outcome of the 2024 presidential election will mean for America and the world.

How Europe Could Benefit from Trump’s Second Term

Daniel Gros urges policymakers to focus on defusing trade tensions with the bloc’s largest export partner.

The Battle Over Russia’s Central Bank Heats Up

Anders ?slund highlights rising political tension over the country’s rapidly deteriorating economic conditions.

The EU Must Break Up Big Tech

Cori Crider explains how reining in digital giants’ outsize power would boost competition and help combat climate change.

Middle Powers Will Make a Multipolar World

Dani Rodrik expects relatively large economies to emerge as a countervailing force vis-à-vis America and China.

Climate Action Must Rise Above Politics

Nadia Calvi?o foresees multilateral development banks continuing to play a critical role in financing the green transition.