The Mueller Bait and Switch - Elizabeth Drew

The Sunday Newsletter [View this message in a web browser]( MARCH 31, 2019 This week at [Project Syndicate]( Robert Shiller asks why major economic shifts aren't at least partly foreseeable, Elizabeth Drew examines the Trump administration's response to special council Robert Mueller's report, Anatole Kaletsky thinks the April 12 Brexit deadline is almost certain to be extended much longer, and more. Join the conversation. Economics & Finance [Was the Stock-Market Boom Predictable?]( [Robert Shiller]( examines what investors in US equities were thinking when prices reached their nadir in March 2009. Politics & World Affairs [The Mueller Bait and Switch]( [Elizabeth Drew]( shows how the Trump administration is using the US special counsel's report to flip the political narrative. [Princeton University Press: Darkness by Design]( From Princeton University Press [Darkness by Design]( The Hidden Power in Global Capital Markets By Walter Mattli An exposé of fragmented trading platforms, poor governance, and exploitative practices in today’s capital markets. "Readers of this book will find it difficult to think about financial markets the same way ever again." — Jeffry Frieden, Harvard University Politics & World Affairs [Brexit Fever is Breaking]( [Anatole Kaletsky]( welcomes the extension of the March 29th deadline, because it will be followed by a much longer one. Economics & Finance [The Fed Board Unmoored]( [Brad DeLong]( plumbs the depths of Stephen Moore's incompetence to oversee US monetary policy. [The Living Lessons of Vietnam]( On Point [The Living Lessons of Vietnam]( [John Andrews]( reviews three recent books on America’s debacle in Indochina, and considers its lasting imprint on US policy. Economics & Finance [Truly Taking Back Control]( [Raghuram Rajan]( says devolving power to economically depressed communities could make virulent nationalism less appealing. Politics & World Affairs [Europe Must Unite on China]( [Guy Verhofstadt]( worries that individual EU member states acting on their own will always be dancing to China's tune. [What Next for the Chinese Model?]( Big Picture [What Next for the Chinese Model?]( PS commentators offer arguments for and against the sustainability of capitalism with Chinese characteristics. Featured authors: Stephen Roach, Dani Rodrik, Michael Spence, Barry Eichengreen, Arvind Subramanian, Andrew Sheng, Zhang Jun Economics & Finance [No Middle-Income Trap for China]( [Stephen Roach]( sees five reasons to doubt that progress toward developed-country status has come to a halt. Economics & Finance [How to Build a Patient Investment Bank]( [Mariana Mazzucato]( and [Laurie Macfarlane]( say that a new Scottish financial institution could serve as a model for other countries to follow. [Brexit Does Not Matter]( Archive [Brexit Does Not Matter]( [Simon Johnson]( points out that the days when any British policy had a global impact, for good or bad, are long gone. Innovation & Technology [The Revolution Need Not Be Automated]( [Daron Acemoglu]( and [Pascual Restrepo]( warn that AI is unnecessarily being directed toward replacing human labor rather than making it more productive. Economics & Finance [Algeria's Second Arab Spring?]( [Ishac Diwan]( thinks conditions are ripe for the country to embark on a long-awaited political and economic transition. [Subscribe to Project Syndicate]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter is a service of [project-syndicate.org](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](