Donald Trump’s latest executive order to create a US sovereign wealth fund (SWF) is as audacious as it is controversial. Long dismissive of conventional economic orthodoxy, Trump’s move thrusts America into the state capitalism game, embracing a playbook more commonly associated with oil-rich autocracies and interventionist economies like China and...
Donald Trump’s latest executive order to create a US sovereign wealth fund (SWF) is as audacious as it is controversial. Long dismissive of conventional economic orthodoxy, Trump’s move thrusts America into the state capitalism game, embracing a playbook more commonly associated with oil-rich autocracies and interventionist economies like China and...