Skidelsky: Trump Is an 'Instinctive Keynesian'

The video discusses the market's reaction to political uncertainty, particularly under Trump's administration and Brexit. It highlights the unpredictability of policies and their impact on market volatility. The conversation touches on economic policies, including tax reform and stimulus, and their potential effects. The discussion also delves into Keynesian economics, comparing historical contexts like the Great Depression to current times. Finally, it examines economic growth prospects in the US and Europe, noting the influence of labor markets and inflation.

What is the main reason markets are disturbed according to the discussion?

• Stable economic policies

• Uncertainty and unpredictability

• Predictable political actions

• Clear trade directions

What are markets hoping for despite the unpredictable implementation of policies?

• Increased tariffs

• Tax reform and stimulus

• Reduced infrastructure spending

• Stable currency exchange rates

How does the speaker describe Trump's economic approach?

• A theoretical Keynesian

• An instinctive Keynesian

• A classical economist

• A monetarist

What economic trend is observed in the Eurozone according to the discussion?

• Rising inflation and growth

• Declining inflation

• Decreasing wages

• Stable economic conditions

What is the potential opportunity for investors in Europe?

• Discounting populism and politics

• Focusing on currency fluctuations

• Investing in declining markets

• Ignoring growth numbers