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William Watson: Harris sanity and Trump policy would be a winning ticket

11 0
17.09.2024

Voters' dilemma: Trump favours the lower taxes and lighter regulation that will keep America growing but Harris seems less crazy

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Where can you get reliable economic opinion — apart from this page, that is?

One blue-chip source is the Clark Center Forum at the Kent A. Clark Center for Global Markets at the Chicago Booth School of Business at the University of Chicago (in Chicago, Ill., U.S.A., to be exhaustively precise). Clark, born and raised in Calgary, was a Goldman Sachs partner who died last year in an accident, aged 58. In his memory, friends made contributions that caused the centre’s name to be changed from “Initiative on Global Markets” to the Clark Center.

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Among other things, the centre runs regular surveys of several dozen top university economists in both Europe and the U.S. It recently asked the U.S. panel about four presidential policy proposals currently being debated in that country — though not in presidential candidate debates, unfortunately, which have focused instead on the culinary habits of recent immigrants.

The Clark format is that the top economists, including a number of Nobel Prize winners, are asked to indicate where they stand on a given statement. They get seven options: strongly agree, agree, uncertain, disagree, strongly disagree, no opinion, did not answer. (Interesting distinction, that, between no opinion and not answering: how many “didn’t-answerers”........

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