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A modern market economy like the UK depends on a basic assumption of truthfulness, points out Dr David Hugh-Jones, a social scientist formerly based at the University of East Anglia.

When considering a president's influence on the economy, it's important to recognize that we have a market economy, said Michael Walden, a Reynolds Distinguished Professor Emeritus at North Carolina State University.

"We are finally seeing investments and wages rising, and we have a chance to go back to a normal market economy," he says.

Clean hydrogen is enormously expensive, with prices far too high to compete against fossil fuels in a competitive market economy.

"Despite many gloomy predictions, the world avoided a recession, the banking system proved largely resilient, and major emerging market economies did not suffer sudden stops," the IMF said.