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 authors' empirical analysis of 56,765 commercial leases signed between January 2019 and October 2020 across 109 urban centers in the United States revealed that commercial real estate in the urban core, especially in cities where public transit accounts for a sizable share of work trips, has indeed lost value.
“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.
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).
Mary Lovely was interviewed for the Financial Times article "Trump plays a game of chicken with EU on trade." "It really depends on the Europeans and how far they are willing to go in this game of chicken," says Lovely. "If they really stick to their guns the Trump administration may accept some kind of sop given to them . . . We might get a deal. But [for the US] it’s not going to be much of a deal."