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Jan 10, 2017

Bloomberg View | Share The View - January 10, 2017. Market Failures and the Not-So- Invisible Hand

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Bloomberg View
 
When Bad Things Happen to Good Markets
Advocates of government intervention in the economy can't always explain why the market needs help, but experience often proves them right. Noah Smith explains. As best he can.

Beijing's Best Response to Trump
The sort of protectionism proposed by President-Elect Donald Trump is a recipe for disaster in the Chinese economy. Michael Schuman sees a way out for Beijing: to end its own protectionism.
Skeptics of Intel Will Get Their Turn
Some Trump backers who question the 2016 election report will soon be privy to all its details. Eli Lake writes that either they or President Obama will be vindicated.
The Enemy of My Enemy
Obama tried emphasizing that Islamic State is not really Islamic. Trump tries to do the opposite and tie terrorism closely to the religion. There's a better way to talk about terror and Islam, says Kara Alaimo.
Ritholtz’s Reads
  • The Trump Tweets That Moved Markets (Washington Post)
  • Kansas Offers Cautionary Tale for Trump’s Tax Ambition (Bloomberg)
  • English Is the Language of Science. That Isn’t Always a Good Thing. (Smithsonian)
 (Read Barry Ritholtz’s full news roundup.)
Bloomberg Gadfly
(Read more from BV’s sister site for fast business commentary.)
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.