George Tyler

George Tyler has served as a deputy assistant Treasury secretary (1993-1995) and a senior World Bank official (1995-1997).  

Recent Articles

Trade War Anomaly: Why Northern Europe Sells More to China, Proportionally, Than We Do

By putting workers on their corporate boards, Northern European nations produce more at home—and can export more overseas.

China’s trade practices pose a barrier to broadly based American prosperity, and in his 2016 presidential campaign, Donald Trump effectively railed against the indulgence of those practices by past administrations. Trump’s own inept trade negotiations, however, have not reduced such practices. Rather remarkably, Trump has managed to significantly worsen the United States’ trade deficit with China: U.S. imports from China are up while U.S. exports have dropped precipitously . State subsidies for companies that export, tariff barriers, intellectual property theft, forced technology transfers, and similar trade pathologies are deeply rooted pillars of China’s authoritarian governance. And despite offering only modest prospects, there are realistic policies for recalibrating Chinese mercantilism, as David Dayen , among others, has identified The problems inherent in U.S. trade policy run deeper than Trump’s ineptness. They will likely persist, and Trump will...

The Codetermination Difference

Democratic senators are embracing the idea of putting employee representatives on corporate boards—which could bolster not just worker power and income but American democracy as well.

Nearly one- third of Senate Democrats have now backed bills by their colleagues Tammy Baldwin (Wisconsin) and Elizabeth Warren (Massachusetts) that require corporations to shift to codetermination—the practice of employee representatives joining shareholder representatives on corporate boards of directors. This new push for codetermination is a shrewd way to dramatize how American-style shareholder capitalism has battered wages, job security, and respect for workers. More important, it is a proven and effective different model of capitalism that will improve the lives of American families left economically adrift since the 1980s. Following the doctrine of “maximizing shareholder value” for the past 40 years, corporate boards controlled by large-scale shareholders have funneled their revenues to those shareholders and the corporate executives whose pay is linked to shareholder rewards—at the expense of investment and wages. Pandemic short-termism in American C-...