Real income stagnation over a longer period than any since the war is a fundamental political fact
by: Martin Wolf
For every complex problem, there is an answer that is clear, simple and wrong.” HL Mencken could have been thinking of today’s politics. The western world undoubtedly confronts complex problems, notably, the dissatisfaction of so many citizens. Equally, aspirants to power, such as Donald Trump in the US and Marine Le Pen in France, offer clear, simple and wrong solutions — notably, nationalism, nativism and protectionism.
https://next.ft.com/content/54f0f5c6-4d05-11e6-88c5-db83e98a590a
