Clark Center Forum

About the Clark Center Forum

The Forum for the Kent A. Clark Center for Global Markets is home to the European, Finance, and US Economic Experts Panels as well as a repository of thoughtful, current, and reliable information regarding topics of the day.
US

Trade and Toughness

An important reason why many workers in Michigan and Ohio have lost jobs in recent years is because US presidential administrations over the past 30 years have not been tough enough in trade negotiations.

 
US

Primary Voting

Question A:

There is no perfect voting system. That is, no voting system can ensure that the winner will be the person who best represents voters’ wishes, including how intensely they favor or disfavor each candidate.

Question B:

One clear defect of a winner-take-all election with 3 or more candidates, and with each voter choosing only one candidate, is that a candidate who is strongly disliked by a majority, but strongly liked by a minority, can beat a candidate who is liked by a majority and disliked by relatively few.

 
US

Brexit

This week's IGM Economic Experts Panel statements:

A) If the UK opts to withdraw from the European Union, and assuming Scotland stays in the UK, the level of the UK's real per-capita income a decade later will be lower than if it remains part of the EU.

B) If the UK exits the EU, then it substantially increases the chances that some other current region of the EU will also exit within the following decade.