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Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated ...
In the letter, the 16 Nobel economists expressed concern about the rule of law and stability if Trump wins the White House again. “Among the most important determinants of economics success are ...
That followed 16 Nobel Prize-winning economists penning a letter in June warning they "are deeply concerned about the risks of a second Trump administration for the U.S. economy."
Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump's proposals would “reignite’’ inflation, which has plummeted since peaking at 9.1% in 2022 and is nearly back to the Fed’s 2% target. The Nobel economists noted that they aren't alone in sounding the alarm.
And sixteen Nobel prize-winning economists warned in an open letter that a second Trump term would have a “destabilizing effect” on the U.S.’s domestic economy and negatively impact its ...
Trump's new economic proposals drew criticism from 16 Nobel prize-winning economists [61] [62] (Trump's campaign and supporters rebuked the laureates' critiques. [ 63 ] [ 64 ] ), Wharton School ( Trump's alma mater ), [ 65 ] [ 66 ] Goldman Sachs , [ 67 ] [ 68 ] and Moody's Analytics , among others.
A group of Nobel Prize-winning economists issued a stark warning to voters saying a Donald Trump win could mean an unstable U.S. economy with higher inflation. "While each of us has different ...
High prices helped Trump get elected. Economists say his proposals could also be inflationary. Lower taxes, new tariffs, and deportations are seen by some as driving inflation and higher rates.