Americans must constantly and critically question the breezy, arrogant belief that the United States is a most perfect union of freedom, democracy,
America’s Flawed Search for Itself
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Beyond Divestment
Investors wield huge power to change corporate agendas. As pressure builds for all players in business to tackle the climate change threat,
The Big Float
When the US effectively floated the US dollar in 1971, many foresaw the end, or at least the beginning of the end, of the Bretton Woods system
A Global Tax Deal for the Rich, Not the Poor
Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries
A Looming Tax Shadow?
What will the G7’s agreement to pursue a minimum global income tax rate of 15% mean for the markets?
The Investment Imperative for the G7
Rich-country governments should be prepared to invest an additional $1 trillion per year to boost growth and lay strong foundations for a
America vs China is Not a Zero Sum Game
If an alien intelligence were monitoring news on Earth, they would probably assume China was eating America’s lunch. They would be mistaken.
Inside Money: An Interview with Zachary Karabell
Zachary Karabell is a leading public intellectual. His most recent book, Inside Money: Brown Brothers Harriman and the American Way of Power
From Goldilocks to Stagflation
Is the world economy restoring growth without inflation (‘Goldilocks’), overheating or succumbing to stagflation?
A Curse Worse than Cash
Although prominent cryptocurrency advocates are politically connected and have democratized their base, regulators simply cannot sit on their
How to Fix the Gates Foundation
Divorce is difficult. It also puts pressure on foundations run by former partners. The remedy is improved governance.
An Interview with Jim O’Neill
A rare discussion with one of Europe’s leading economists and global thinkers.
Crunch Time
The coming weeks brings a deluge of key economic data. Investors will be looking for patterns, above all in prices as they gauge the sustainability
The Ghost of Arthur Burns
Is the Federal Reserve making the same mistake again? Stephen Roach thinks the Fed may be overlooking inflation risk just as it did in the
Mapping the Path to Carbon Neutrality
As countries around the world consider whether and how to raise their decarbonization ambitions under the Paris climate agreement, South Korea
How Not to Launch a Digital Currency
The story of Facebook’s failed effort to launch a global digital currency and payment system is reminiscent of the historic struggle
Mr. Taper and Punch Bowls
It is clear that taper talk has arrived, and it won’t go away easily. What does this mean for markets?
What We Learned From the Pandemic
As the pandemic recedes in the US, Jackson Hole Economics co-founders Alex Friedman and Larry Hatheway share personal thoughts on what they
Lessons in Humility
It is time for the Fed to normalize its language. If the Fed is to preserve its credibility and promote sounder financial market conditions,
Will Corporate Greed Prolong the Pandemic?
The shortfall in global COVID-19 vaccine production could be closed if manufacturers around the world were granted access to the necessary
Coming to Terms
When it comes to peace, military supremacy, hatred and subjugation can not substitute for mutual recognition, trust and a willingness to compromise.
Mission Creep
A range of countries are now asking their central banks to include risks from climate change in their list of responsibilities. Given how
What Unites Buffett and Powell? They are Both Wrong About Inflation.
Recently, Warren Buffett made headlines by declaring that he is seeing ‘substantial inflation’, while Fed Chairman Powell calls it only
Helping the Other 66%
Addressing within-country inequality may be the political imperative of the moment. But tackling vastly greater cross-country disparities