Maxwell School News and Commentary

Talk of a BRICS common currency is “really a reflection of a desire among some segments of the world to have some counterweight to the U.S., the U.S. economy, the dollar,” says Daniel McDowell, associate professor of political science. But “I think most of this is just in fantasy land, because I don’t see any world in which it is really going to emerge in the way some people might hope.”

“The Chinese meanwhile are incredibly pragmatic, and they’ll certainly consider the possibility that the impeachment inquiry is having an effect. They’ll see the president as weakened. That will matter," says Professor of Economics Mary Lovely.

"It’s not going to put any of these banks in a good place to have these two big countries duking it out in the midst of their lending programmes," says Mary Lovely, professor of economics.

"We’ve never seen anything like this," Mary Lovely told the Associated Press. Lovely recently spoke with multiple news outlets about the trade war between the U.S. and China.  

U.S. tariffs will “drive up costs for U.S.-based manufacturers and disadvantage American workers competing in global markets,” due to the additional costs they will inject into the supply chain, according to Mary Lovely, professor of economics.

"The economics profession still struggles to be inclusive. But my hope is that one day, when a woman (of whatever height) presents her research, no one will be surprised when she does a stellar job," writes Mary Daly ’91 M.Phil. (Econ)/’94 Ph.D. (Econ).