Short-term thinking wins the day again

Every downturn comes to an end and Trump was lucky to be in the White House to benefit from the work of his predecessor in setting the scene.

Every downturn comes to an end and Trump was lucky to be in the White House to benefit from the work of his predecessor in setting the scene, writes Joseph E Stiglitz

A year ago, I predicted that the most distinctive aspect of 2017 would be uncertainty, fueled by, among other things, Donald Trump’s election as president in the United States and the United Kingdom’s vote to leave the European Union.