Adam Posen
@AdamPosen
President, @PIIE. Globalist. Former central banker. Political economy with a policy purpose. Advises governments, investors, and anyone nice. Personal opinions.
"Ronald Reagan Was No Protectionist," says someone (Senator Phil Gramm) who would actually know wsj.com/opinion/ronald…
Incredible finding from @jmhorp @CatoInstitute: For the 10 metro areas most affected by the "China shock," ALL of them have higher real wages today, at every income level, than they did in 2001, and 6/10 have grown faster than the national average. New from me @NRO…
New Podcast with @senoj_erialc on central bank independence Trump’s case against Fed chair Powell - it's no good on.ft.com/4kT5MzT via @FT
Niall Ferguson and Ha Joon Chang were not the romantic couple I had expected to see even from the most sophisticated horseshoe theory of politics. And people keep insisting smartphones are lowering matching rates?!
🧵 Der US-Ökonom Adam Posen (PIIE) erläutert im Spiegel Interview Donald Trump's aktuelle Zoll-Politik "Das wahre Problem liegt nicht in der [Zoll] Höhe. Die eigentliche Schwierigkeit ist doch, dass es kein stabiler Zustand sein wird." 1/7 Quelle: spiegel.de/wirtschaft/ada…
This is a plot point in Stalag 17, the Nazi guards give American prisoners of war blankets and supplies to make conditions look good for the "Geneva [Convention] man" and then take them away after he leaves
Multiple men confirm that the Bukele administration staged photos to make the conditions look better, including giving them good food before the Red Cross showed up. In multiple cases, guards brought in good food, took pictures of them with the food, then took the food away.
You almost expect this bullshit about ‘operational losses of $100 billion’ and ‘out-of-control renovations’ from village idiots like Pulte and Tuberville and Luna. But you know better, @SecScottBessent. Have you no sense of decency, sir? Have you left no sense of decency?
The Fed is losing $100 billion a year. Now, it is blowing even more taxpayer money on out-of-control building renovations. Time for an internal review.
This is absolutely right. Authoritarians hate being mocked. Ridiculing them makes them less scary to everyday people. Comedians may be the ones to help get our nation out of this authoritarian chapter.
The real reason the WH is raging at "The View" and "South Park" is they know it's lethal for Trump that he's increasingly becoming a diminished, widely mocked figure in the culture, says @AmandaMarcotte. On the pod we dig deep into the shrinking of Trump: newrepublic.com/article/198413…
Financial Times analysis of dozens of sales contracts, company filings and multiple people with direct knowledge of the deals reveals that Nvidia’s B200 has become the most sought-after — and widely available — chip in a rampant Chinese black market for American semiconductors.
What Trump Gets Wrong About the Global Economy. Trade Wars Are Easy to Lose, economist Adam Posen (PIIE). He argues that the U.S. has a weaker hand than the Trump administration believes. Washington, not Beijing, is betting all in on a losing hand. foreignaffairs.com/podcasts/what-…
Bis zum 1. August muss sich Europa mit Donald Trump im Handelsstreit einigen. Der Ökonom Adam Posen erklärt, was 15 Prozent Basiszoll bedeuten würden. Und warum er auf eine große Wirtschaftskrise in den USA hofft.spiegel.de/wirtschaft/ada…
Listen to the latest episode of “The Foreign Affairs Interview,” featuring Robert Keohane in conversation with editor @dankurtzphelan: foreignaffairs.com/podcasts/josep…
(S+) US-Ökonom zum EU-Zollstreit mit Trump: »Amerika ist der größere Verlierer. Eindeutig« new in @derspiegel spiegel.de/wirtschaft/ada… via @derspiegel
When I first started working on trade policy, the US led negotiation of trade deals that reduced foreign barriers by 2/3 and cut taxes for Americans. Now we are announcing trade deals that reduce our access to foreign markets and increase taxes on Americans.…
.@AdamPosen argues the point of Fed independence is that the chair of the Federal Reserve & Federal Open Market Committee make decisions through expert debate without politics. youtube.com/watch?v=Jvq0HG…
Dear Mohamed, I could not disagree more. The potential candidates have shown a willingness to say anything to please Trump. And caving in to Trump would have gigantic costs in terms of credibility of monetary policy. Yes, it may create volatility in financial markets, but this…
This morning, US government criticism of both Federal Reserve Chair Powell and the institution itself has broadened to include "mission creep" and the effectiveness of other officials. The developments of the last few days reinforce my view: If Chair Powell's objective is to…
How will the differing tariffs on autos for Japan and other countries play out? 👉see my long-form from last month👇🔗 in 1st reply
In a new essay, Robert Keohane and the late Joseph Nye warn that Trump’s coercive and transactional approach to foreign policy could bring the United States’ period of dominance to “an unceremonious end”: foreignaffairs.com/united-states/…
WATCH: @AdamPosen argues the whole point of Fed independence is that the chair of the Federal Reserve & Federal Open Market Committee make decisions through expert debate without politics. youtube.com/watch?v=Jvq0HG…
Deindustrialization in the US has been a consistent, steady trend since the 1950s.