Peter Morici

LATEST STORIES BY PETER MORICI

MORICI: Disengaging the West from China

In the wake of COVID-19, Americans have developed an increasingly negative view of China , and the policy of integrating it into the western commercial system to promote democratic reforms has been discredited.

May 27, 2020 Columnists

(COMBO) This combination of pictures created on May 14, 2020 shows recent portraits of China's President Xi Jinping (L) and US President Donald Trump.

MORICI: How tribalism corrupts our democracy

My grandfather, a buttonhole maker, believed his first responsibility was to be a provider, his union supported that role and the Democratic Party was the workingman’s champion.

December 29, 2019 Columnists

The United States Capitol Hill building in Washington D.C. is pictured in this undated file photo. (Getty Images file photo)

MORICI: Why Britain should bolt and join NAFTA

Divorces are messy — Brexit is no exception.

September 20, 2019 Columnists

A crown-wearing pro-Brexit demonstrator stands next to banners outside the Supreme Court of the United Kingdom, in London, Britain September 18, 2019.

MORICI: Economy delivers troubling news for Trump re-election

The U.S. economy just delivered bad news to the White House — the Trump miracle economy is over. Second-quarter growth was a paltry 2.1%, and the American machine is unlikely to deliver significant wage increases, booming corporate profits and double-digit stock market gains in the months ahead.

August 5, 2019 Columnists

U.S. President Donald Trump salutes as he arrives at Morristown municipal airport for a weekend at the Trump National Golf Club in Bedminster, N.J., August 2, 2019. (REUTERS/Yuri Gripas)

MORICI: Trump should offer Britain quick free trade deal

Brexit will challenge Boris Johnson’s character beyond measure and U.S. President Donald Trump’s ability to accommodate new order in Europe.

August 1, 2019 Columnists

A giant inflatable blimp depicting Boris Johnson is flown near a statue of former British Prime Minister Winston Churchill opposite the Houses of Parliament, ahead of anti-Brexit "No to Boris, Yes to Europe" protest in London, July 20,2019. REUTERS/Simon Dawson

MORICI: Why the U.S. Federal Reserve is no longer relevant

As the Federal Reserve considers lowering interest rates, it risks falling victim to its own dominance. For too long, the Fed has been a monastery where 2% inflation, 2% trend growth and the primacy of conventional banking are accepted without sound foundation.

July 29, 2019 Columnists

MORICI: Libra could provide stable environment for digital currency

Facebook recently announced it plans to launch a digital currency — Libra. It could deliver on Bitcoin’s failed promise to create digital money that supplants many of the international functions of the dollar and the monopolies the U.S. Federal Reserve and other central banks enjoy creating and controlling widely accepted means of exchange and stores of wealth.

July 10, 2019 Columnists

MORICI: Trump should close the border but not to commerce

American civilization — indeed western civilization — faces an existential challenge much greater than Russian militarism, President Xi’s autocratic capitalism and election tampering. Some 750 million people worldwide would like to migrate — mostly to America and Western Europe.

April 11, 2019 Columnists

U.S. President Donald Trump inspects border wall prototypes in San Diego, Calif., on March 13, 2018.

MORICI: Federal wealth tax would target richest Americans

The Democratic presidential candidates appear driven by tales of the rich exploiting the downtrodden and support higher taxes to redress injustice.

March 14, 2019 Columnists

In this Jan. 12, 2019, file photo, Sen. Elizabeth Warren, D-Mass., speaks during an organizing event at Manchester Community College in Manchester, N.H.

MORICI: Why Europe is failing

Populism is sweeping Europe because the European Union and its constituent governments have become as unresponsive as the 18th century aristocracies those replaced.

February 11, 2019 Columnists

High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini.