There are at least five reasons for optimism in 2021.
Trump is often called an isolationist, but he is as interventionist as his predecessors.
Racial U.S. politics has prevented poor whites and poor blacks to unite in a demand for more public services.
The bank is adopting an approach that would leave poor countries mired in debt.
The policy of keeping interest rates low has reached its limits – and imposed undeniable costs.
Our global goal should be economic progress, meaning better living conditions worldwide.
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