As the January 6th hearings unfold, it is a good time to consider the ideal of integrity.
Integrity
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Inflation as a Political Power Play Gone Wrong
A half-century long strategy, led by corporations, Wall Street, governments, and central banks, is coming undone. As a result, the West’s
Fact-Checking the Deglobalization Narrative
Globalization is not dead. But it is evolving. And it can still be shaped for the betterment of all.
Climate-Impact Disclosure Is Common Sense
The momentum behind mandatory climate-risk disclosure is building globally. By acting now on its own proposed rule change, the US Securities
Terrible Tens?
QE is ending and QT is starting — is it time to prepare for temper tantrums?
Why the US Federal Reserve’s Options Are Limited
The US Federal Reserve’s Federal Open Market Committee ought to announce a rate increase that is large enough to bring its policy rate
The Fed’s Big Hammer
The Fed is ready to wield the hammer of monetary policy on the nail of inflation – thumbs are going to get bruised.
The Virus Is Still Winning
Despite the rapid development of COVID-19 vaccines and treatments to reduce mortality, the elderly, the immunocompromised, and other vulnerable
The Supply Solution to Stagflation
According to the World Bank’s latest forecast, global growth is projected to slow by 2.7 percentage points between 2021 and 2024 – more
Economic Consequences of a Ukraine Peace
The demand that Russia pay reparations for its unprovoked war in Ukraine is morally compelling. But Russia would be less likely to reconcile
Surviving a Future of Extreme Heat
Unprecedented extreme-heat episodes like the heatwave in India and Pakistan this spring and the 2021 heat dome in the Pacific Northwest are
The Blame Game
Today’s inflation is not a monetary phenomenon. Tighter monetary policies cannot address what ails the world economy.
Forget Inflation, Think Recession
The arrival of ‘peak inflation’ is not sufficient to calm investor nerves when recession and falling corporate profits loom.
Don’t Bet on a Soft Landing
With “Team Persistent” having clearly prevailed over “Team Transitory” in the debate over the nature of today’s surging inflation,
How Global Food Crises Work
As if the immediate food shortages created by Russia’s war in Ukraine were not bad enough, the disruption to this year’s harvest means
All Clear?
Has an ‘all clear’ has been issued in the form of ‘peak inflation’, paving the way for investors to return with gusto into global
Musk and the ESG Knife Fight
Tesla has been kicked out of the S&P ESG Index and Elon Musk claims ESG is a scam. Is he right?
The Case for Nordic and NATO Realism
To be a realist in international relations is to accept that some states are more sovereign than others. “Strict realism” now requires
Realizing Africa’s Sustainable Energy Future
Without international support, including investment at scale, African countries will not be able to expand energy access to all and still
When Will More Economists Forecast Recession?
Economists are not forecasting a recession, but their forecasting record is not particularly good.
Will US Inflation Lead to Recession?
Sadly, principled statesmen and women who can forge bold, morally consistent responses to today’s global problems are in short supply.
Kofi Annan’s Lessons in Global Leadership
Sadly, principled statesmen and women who can forge bold, morally consistent responses to today’s global problems are in short supply.
Beware a Global Economy with Little Fires Everywhere
Rich countries have shown impressive unity in helping Ukraine counter the Russian invasion. They now need to demonstrate the same level of
When is Enough, Enough?
Another week, another dismal set of returns. For stock and bond investors, 2022 is off to a terrible start. Now stresses are beginning to emerge in credit fixed income markets. Large Chinese real estate developers are teetering on the edge of default and US...