Like the Reagan and Thatcher revolutions, Trump and Brexit are reactions to stagnation. By MICHAEL SOLON Dec. 11, 2016 4:17 p.m. ET Just as Margaret Thatcher’s ascendance in 1979 foreshadowed Ronald Reagan’s in 1980, so the British vote to exit from the European Union earlier this year presaged Donald Trump’s...
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Monthly Archives: December 2016
Understanding the Trump Trade Agenda
Returning to the 1950s is impossible. But currency manipulation does hurt American workers. By PHIL GRAMM and MICHAEL SOLON If President-elect Trump is to establish a pro-growth trade policy, he must build upon America’s postwar trade history. A lesson from that history is that if trade policy is to reinforce...
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