Edition #56: January 2 , 2025

Edition #56: January 2 , 2025

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


The Good, the Bad, and the Uncertainty of the Trump Economy

Nouriel Roubini considers what the US president-elect’s promised policy agenda will mean for growth and inflation.


PS Commentators’ Predictions for 2025

Fawaz A. Gerges, Antara Haldar, Vera Songwe, and others identify trends to look out for in the coming year.


Norway Is a Ukraine War Profiteer

H?vard Halland and Knut Anton Mork argue that the country should give its windfall gains from gas exports to those on the front lines.



Will Trump Fire the Fed?

Kenneth Rogoff worries about the incoming US administration’s plans to weaken the central bank’s independence.


A Baseline Scenario for the Global Economy in 2025

Mohamed A. El-Erian offers his predictions for the new year while acknowledging that the range of possible outcomes is widening.


Good Growth Requires Getting Public-Private Partnerships Right

Mariana Mazzucato worries that a recently unveiled industrial strategy is not structured properly.


American Idiots

J. Bradford DeLong considers the implications of Donald Trump and friends’ effort to orchestrate an unnecessary government showdown.


Crypto’s Unholy Choir

Andrés Velasco hears a chorus of deceivers, demagogues, dictators, and tax dodgers singing Donald Trump’s praises.




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