Professor Sachs is one of the world’s foremost development economists and his book “Building the new American economy” has just been translated in Italian. In this interview, he explains why Trump has been “much worse” than he imagined and how the new President is getting it wrong on international trade (although he is right in pointing to the uneven distributional effects of globalization)

In the identification between single currency and neoliberal policies, that’s where the anti-Euro movement as well the advocates of the status quo are splashing around. Both, armed against one other, pretend not to see that the problem is not the single currency itself, but the intellectual climate that is now prevailing in Europe. Here are some ideas to finally change direction without blowing up the whole continent, taken from Francesco Saraceno’s preface to the Italian edition of Martin Sandbu’s book “Europe’s Orphan”.