Martin Reeves
Mihnea Moldoveanu
Adam Job
Philipp Carlsson-Szlezak
Paul Swartz
Matthew VegariWhile political outcomes can and sometimes do materially impact subsequent policy, their importance to the macroeconomy is, in our view, overstated. Sea change in laws is hard to achieve, and the US system is biased towards continuity. Crisess and even popular discontent tend to be more consequential.
Why the US Election’s Impact on the Economy Is Overstated
The 2024 election will continue to drive the news cycle before November, occupying an outsized share of economic discourse.