FirstFT: Calls grow for Bolsonaro to be expelled
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morning The White House is facing calls to expel Jair Bolsonaro from the US following riots that saw supporters of Brazil’s former president raid […]
Is a Mandate Simply a Suggestion?
Now she tells us. Martha Olney, an emeritus economics professor from UC Berkeley, tweeted that the American Economics Association lost about $900,000 on its recent meeting in New Orleans. Phil Magness, replying to her, claimed that it was due to the AEA’s “absurd pandering to Covidian zealots.” I’m sure that was a factor; I don’t know […]
Nationalism is bad for your health
Yesterday, I encountered two different news stories that illustrated the deleterious health effects of nationalism. In China, a government policy based on national pride is resulting in thousands of needless deaths from Covid: South Korea’s leading vaccine producer says it is unlikely to supply Covid jabs to China due to Beijing’s “national pride” and […]
What America’s protectionist turn means for the world
Step for a moment into the ancient past. The year is 2016. Michael Froman, the United States Trade Representative, is making a stirring call to arms. American workers and businesses are competing against firms that get subsidies and other favours from their governments. “The question”, he says, “is what do we do about it? Do […]
Consumers see inflation, and spending, cooling, New York Fed survey shows
People shop for goods at a Publix in Nashville, Tennessee, on December 22, 2022, ahead of winter storm Elliot. Seth Herald | AFP | Getty Images Consumers see the inflation burden easing while they expect to pull back considerably on their spending, according to a closely watched survey the New York Federal Reserve released Monday. […]
