James Surowiecki

1 month ago | yalereview.org | James Surowiecki

James Surowiecki this is a pivotal moment for American capitalism. Even though GDP and household incomes have grown steadily in this century, most Americans say they feel dissatisfied with the state of the economy and believe that the country’s economic future will be worse than its past.

1 month ago | businessandamerica.com | James Surowiecki

We should have known it was too good to last. After markets enjoyed a month of relative peace in Donald Trump’s trade war with the world—a stretch of time during which Trump paused his so-called “reciprocal” tariffs on most countries and then rolled back his massive 145% tariffs on China—the president reignited the conflict Friday morning with a couple of posts on TruthSocial.

1 month ago | theatlantic.com | James Surowiecki

Little more than a month has passed since Donald Trump announced his plans to upend the global economic order by imposing huge tariffs on almost every country in the world. The stock market sold off sharply following the announcement; within days, the S&P 500 had lost about 12 percent of its value. But if you look at the U.S. economy right now, it doesn’t look obviously different from the way it did just before Trump’s so-called Liberation Day. Job growth in April was respectable.

1 month ago | flipboard.com | James Surowiecki

2 hours ago Marjorie Taylor Greene just filed 60 suspicious stock trades Summary:⚈ Marjorie Taylor Greene filed 60 stock buys on May 5, totaling up to $900,000 ⚈ Purchases included major firms like Apple, JPMorgan, and a … Now Massachusetts' medical cannabis market shrinks as patients call for reforms Meredith Freed, a cannabis patient for 10 years, lives near two dispensaries in Swampscott — one within walking distance — but she has to drive to … 3 hours ago Wall Street Journal Flames Donald...

2 months ago | devicedaily.com | James Surowiecki

Social Security sending out checks to millions of dead people? It’s not just false. It’s absurd  Elon Musk’s easily disprovable misrepresentation of a table of numbers threatens to erode confidence in one of the most reliable programs we have. Social Security has been considered among the most efficient, cleanest government programs in the country.