(CNN) — Inflation remains public enemy No. 1 in today’s economy. Americans are fed up with the cost of living and former President Donald Trump says he will help. Yet 16 Nobel Prize-winning economists are warning that Trump’s proposals wouldn’t just fail to fix inflation — they would make matters worse. “We the undersigned are deeply concerned about the risks of a second Trump administration for the US economy,” the economists wrote in the Tuesday letter, which was first reported by Axios. The letter, organized by famed economist Joseph Stiglitz,...

A group of 16 Nobel prize-winning economists have issued a stark warning that inflation would be worse under Donald Trump. The former president would reignite inflation and cause lasting harm to the US economy, the Nobel laureates said in a letter first obtained by Axios. 'While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden's economic agenda is vastly superior to Donald Trump,' the letter read. The warning was spearheaded by American economist Joseph Stiglitz, who won the prestigious honor...

Sixteen Nobel prize-winning economists released a grave warning in a joint letter on Tuesday, detailing a potential economic fallout if former President Donald Trump wins the White House in November. “We the undersigned are deeply concerned about the risks of a second Trump administration for the U.S. economy,” the letter began, which was published in full by CBS News. The economist wrote that it was imperative for the United States, which is “embedded in deep relationships with other countries,” to maintain “normal and stable relationships with other countries.” “Donald Trump...

There is no pandemic from which to take cover this election season. Only Joe Biden and his remarkable short list of accomplishments have brought economic torpor at home and total chaos abroad. Biden decided to leave Afghanistan, only to become ensnared by another ‘endless war’ after the gaze of a Ukrainian dictator took him in. Now, Biden is speaking out of both sides of his mouth on Israel, claiming ironclad US support for their war in Gaza but also cutting off arms shipments to appease the antisemitic segments of the...

June 25 (Reuters) - Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wins the U.S. presidential election in November. The jointly signed letter, first reported by Axios, says the economic agenda of U.S. President Joe Biden , a Democrat, is "vastly superior" to Trump's, the former Republican president seeking a second term. The economists say Trump's economic plans would reignite inflation, in part because of his pledge to impose stiffer tariffs on Chinese imports,...