The high-tech industry needs the immigration of highly qualified labor, from India, from China, from everywhere.

- Nicholas Bloom

Many people who have lost out in the last few decades voted for Trump. Trump will have a difficult time turning them into winners. The jobs of these …

- Nicholas Bloom

The U.S. and, to a certain extent, countries in Europe as well, have experienced growing inequality within their population for decades - a small gro…

- Nicholas Bloom

Political uncertainty around the world has more than doubled since the election of Trump. To find anything comparable we have to go way back, to the …

- Nicholas Bloom

The rise of populist parties such as the Five Star Movement in Italy and the Front National in France are rocking the political certainties of the la…

- Nicholas Bloom

The Brexiteers promised their supporters wonderful things, almost none of which can ever come true. The billions that London transfers to Brussels wi…

- Nicholas Bloom

Political stability was at most a factor in assessing developing countries or Russia. It is now also an issue in Western democracies.

- Nicholas Bloom

Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic poli…

- Nicholas Bloom

Decreasing economic growth and increasing inequality leads to increased uncertainty.

- Nicholas Bloom