New York (CNN Business) More than 700 economists, including seven Nobel Prize winners, are urgently warning against the reelection of President Donald Trump, citing what they describe as a "sustained assault" on democracy, a fumbled response to the pandemic and the spread of "dangerous misinformation." The letter was signed by prominent economists from major institutions, including Nobel laureates Paul Milgrom (2020) and Oliver Hart (2016) and Alvin Roth (2012). George Akerlof, the Nobel winning husband of former Federal Reserve chief Janet Yellen, also signed the letter. "For these reasons, we strongly recommend that the electorate do what no one else can: reclaim your democracy by voting to remove Donald Trump from office," the economists wrote. In response, the Trump campaign noted that the letter says little about Joe Biden, the president's opponent.

Source: CNN October 22, 2020 11:41 UTC