Proponents of solar geoengineering say that lowering Earth’s average temperature by reflecting sunlight into space will tackle global
Debunking Solar Geoengineering
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Economics
What US Leadership Can Do for Nature
Although the United States is not a party to the Convention on Biological Diversity, its heavyweight status affords it ample opportunities
The Climate Crisis Is Also a Health Crisis
The interplay between climate change and the spread of deadly pathogens could herald an era of global devastation and disruption. To avert
War Over Taiwan?
For five decades, both China and the US benefited from the time they had bought on the question of the island’s status. To prevent what
The Unavoidable Crash
After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are
Will Crypto Survive?
With a storyline full of celebrities, politicians, sex, and drugs, the future looks bright for producers of feature films and documentaries
Tangled Up in Blue
Last month, scientists at Trinity College Dublin published research that the human brain may be a kind of quantum computer, rather than a classical one. This is a big, big deal. Good science requires cautious and critical thinking. So it is no surprise that the...
Will the West Give in to Russia?
Since Russia’s invasion of Ukraine nine months ago, the West has not only delivered nearly $100 billion in aid to Ukraine, but also imposed
A Drunkard’s Search: Ageism and the Labor Shortage
The developed world is facing a historic labor shortage and the answer is to hire more older workers…yet, ageism is a pernicious hurdle.
The Muddled Politics of US Inflation
While today’s inflationary surge is nothing like the hyperinflationary episodes of the twentieth century, its long-term impact may reverberate
The Case for Structural Financial Deglobalization
The strengthening US dollar and rising borrowing costs have left developing and emerging-market countries between a rock and a hard place.
Who Broke American Democracy?
Democracy is premised on equality, and all citizens are supposed to have an equal chance to influence political decisions. But for too long
The Bond Vigilantes are Back
Governments are beholden to both the public via their representatives in parliamen and the financial markets. Sometimes those ‘constituents’
China Takes Center Stage
Chinese President Xi Jinping seems determined to use his unprecedented third five-year term to reshape international institutions to suit
Crime and US Mid-Term Elections
Crime, not the economy, may be the critical swing factor in the upcoming mid-term elections.
The Implementation COP
Many are calling the upcoming UN climate change conference in Egypt “Africa’s COP.” But Africans prefer to see it instead as “the
Saudi Arabia Swings Toward Russia
In the short term, Western countries seeking to counter the Kingdom’s swing-producer power could release additional strategic reserves
A New Chance for the World Bank
The World Bank should be a major vehicle for crisis response, post-conflict reconstruction, and, most importantly, for supporting the huge
The Global Recovery Winds Down
The severity of the global downturn is compounded by policy error. Avoiding a deeper slump will require a course correction.
Where Has All the Liquidity Gone?
Financial markets have become accustomed to central bank liquidity. Weaning them off won’t be easy.
The Stagflationary Debt Crisis Is Here
The Great Moderation has given way to the Great Stagflation, which will be characterized by instability and a confluence of slow-motion negative
When the Fed Stops Trying
One can debate whether there is still a narrow path by which the United States could avoid both secular stagnation and stagflation in the
No Security Without Climate Security
Climate change poses an existential threat to humanity, but the US defense apparatus has not treated it accordingly, because it does not fit
Geopolitical Davids and Goliaths
The world’s largest and most well-established powers are all stuck in traps created by their own historical obsessions – be it memories