In a series of tweets, President Donald Trump announced that he was a ‘Tariff Man,’ trumpeting the revenue raised by tariffs and declaring that import taxes would maximise the US’s economic power: As Paul Krugman pointed out, it’s a fallacy to think that foreigners are the only ones paying the tariff bill. US consumers pay as well. Believing that tariffs ...

A recent New York Times investigation described how Facebook bungled its response to the misinformation that has proliferated on its platform. Chief Executive Mark Zuckerberg acknowledged in an interview that the problems his company is grappling with “are not issues that any one company can address.” He’s right: The problem of fake news has become too big for any social ...

It’s true that the People’s Bank of China (PBOC) is not independent, but the central bank of the world’s second-largest economy is outgrowing that excuse. There’s plenty it can and should do without explicit sign-off from above. Start by tackling what a recent International Monetary Fund (IMF) paper calls low-hanging fruits. This is basic and important stuff like beefed-up forecasts, ...