Author Archives: jfrankel

Fall in US Trade Balance Led by Ag. Exports

Share Button

September 27, 2018 — As of July, the US trade deficit had widened relative to  a year ago, despite temporary improvement earlier in 2018.  A new Census report today suggests: (1) further deterioration of the merchandise trade balance in August, and (2) a particular role for exports of food & feeds

Share Button

Trump Renews Charges of Chinese Currency Manipulation

Share Button

September 23, 2018 — The US Treasury is due in October to submit its biannual report to Congress on what countries, if any, are manipulating their currencies to gain unfair trade advantage.  President Trump has recently resumed the accusation against China  that he made during the election campaign. 

Share Button

Reply to an MMT critique of my column on pro-cyclical policy

Share Button
Aug. 30, 2018 — I received an invitation from Paul Fagan to respond to a critique by Bill Mitchell of my column at Project Syndicate and the Guardian,US will lack fiscal space to respond when next recession comes”.   (My subsequent blogpost, “The next recession could be a bad one” is a slightly extended version.)  I am happy to respond to the critique.
Share Button