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Richard Holden

The economics behind ‘credible threats’

Good strategy involves knowing the game, including your opponents, and committing to a strategy.

Richard HoldenEconomics professor
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President-elect Donald Trump is threatening to slap a 60 per cent tariff on all Chinese imports. He’s threatened to deploy the military against peaceful protesters.

And his newly minted acolyte Elon Musk is threatening to fund a primary challenge against any Congressional Republican who doesn’t fall in line with Trump’s agenda.

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Richard Holden is Scientia Professor of Economics at UNSW Business School. Connect with Richard on Twitter.
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    Original URL: https://www.afr.com/policy/economy/the-economics-behind-credible-threats-20241121-p5ksm7