Overcoming Islamic extremism will continue to test the West. But it can be done. The remedy requires equal parts hard and soft power.
More than anything, the world needs faster productivity growth. It might just be happening.
Rich countries can experiment with unorthodox policies. The latitude for developing countries is much smaller. Copycat economic policies could
It is understandable why a central bank would print money to purchase assets at the height of a financial crisis. But continuing such policies
Euphoria can blind us to what follows. Keynes presciently made that point a century ago. His insight is worthy of consideration today as bullish
Free-market advocates have been unable to stem the erosion of intellectual and public confidence in their arguments. Two prominent economists,
In America, guns and taxes are unavoidable. If we are to address the true cost of guns, it is time to tax them.
The US never built back Afghanistan better. The exit was doomed from the beginning.
If we only share what is noble and good from the past, we can be sure that our understandings will be simplistic, inaccurate and leave us
The Fed cannot indefinitely deny links between money and inflation. The time to change course has arrived.
China’s leadership is asserting itself. When politics and economics clash, politics often wins—to the detriment of economics and investing.
As Angela Merkel leaves office, Europe faces change. Or perhaps not. Either way, difficult decisions await.
Central banks are not infallible. But they are not chiefly responsible for rising inequality.
Vigorous economic competition certainly has a place in today’s world. But economists may currently be overly reliant on this default approach,
Given the unprecedented nature of the COVID-19 pandemic and its effects on labor markets, there is a spirited debate over whether the US economy
Although neoclassical economics relies on assumptions that should have been discarded long ago, it remains the mainstream orthodoxy. Three
Population growth and economic expansion are on a trajectory to overwhelm nature, leading to biodiversity collapse.
With Sino-American relations increasingly coming to resemble the geopolitical dynamics of the original Cold War, the world is heading toward
At-risk economies may have six months or so to implement self-help measures before any sudden US monetary-policy tightening happens.
The US founding fathers were flawed. Yet in words, deeds and law they created platforms for human aspiration. That legacy is invaluable.
Hear Larry Hatheway discusses the outlook for inflation and what it means for markets in this broadcast interview with journalist Carolin
Once upon a time, macro-policy coordination was fashionable. As Koichi Hamada argues, the pandemic offers us a chance to reengage that thinking
Americans must constantly and critically question the breezy, arrogant belief that the United States is a most perfect union of freedom, democracy,
Investors wield huge power to change corporate agendas. As pressure builds for all players in business to tackle the climate change threat,