The Lessons of America’s Election
Michael J. Boskin
STANFORD – Donald Trump’s surprise election as the 45th president of the United States has spawned a cottage industry of election post-mortems and predictions, in America and abroad.
Some correlate Trump’s victory with a broader trend toward populism in the West, and, in particular, in Europe, exemplified in the United Kingdom’s vote in June to leave the European Union. Others focus on Trump’s appeal as an outsider, capable of disrupting the political system in a way that his opponent, former Secretary of State Hillary Clinton – a consummate insider – never could. There may be something to these explanations, particularly the latter.