tax cuts

NEW YORK, NY - DECEMBER 08:  Traders work on the floor of the New York Stock Exchange (NYSE) on December 8, 2016 in New York City. Stocks began today higher following yesterday's rally, the best day for the market since the presidential election.  (Photo by Spencer Platt/Getty Images)

Why the Trump Economic Boom Will Never Come

Yes, the markets are looking good (for now). But subsidized deal-making and tax cuts for the rich are the surest sign of a bubble.

NEW YORK, NY - SEPTEMBER 03:  GOP presidential front-runner Donald Trump speaks at a news conference in Manhattan after he signed a pledge Thursday to support the Republican nominee in the 2016 general election, ruling out a third-party or independent run on September 3, 2015 in New York City. Trump made the announcement following a meeting with  Republican National Committee chairman Reince Priebus. Trump stressed repeatedly in the news conference that he is leading in all national polls.  (Photo by Spencer Platt/Getty Images)

If Anyone Can Bankrupt the United States, Trump Can

The president-elect’s economic plan is a ticket to debtor’s prison.

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Global Thinkers 2015 Issue Cover