US President Donald Trump has seeded the investment environment with uncertainty, trashed America’s trade relationships, blown up the
The Economic Case for Biden
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Our Moral Compass
Are we still a nation that believes that character counts? Are we still guided by a strong moral compass?
The Coming Global Technology Fracture
Today’s international trade regime was not designed for a world of data, software, and artificial intelligence. Already under severe
A K-Shaped Recovery is a Disaster
The stock market is soaring while small businesses are dying. It can’t go on this way. A K-shaped recovery is a disaster, and would undermine
Winners and Losers of the Pandemic Economy
While it is true that bullish equity markets are out of step with the historic contraction in the real economy, to say that they are disconnected
Rings of Impact
Today, there is an important opportunity for businesses to engage in a “Race to the Top” as they re-design their practices to be attractive
Joe Biden, Redemption and The American Dream
There were no special effects, no crowds, no band, no balloons. But, none of this was needed. As Joe Biden looked at a blank camera, with
Why the US Election May Not Matter for Investors
While the stakes of the upcoming US election are theoretically higher than usual, Julian Howard argues that the relationship between US politics
The Robot Question
Although robots that can perform human labor will put downward pressure on wages in the short term, they also will increase the rate of profit,
The Long Run
The long run is a forecaster’s biggest challenge. But it yields substantial rewards, among them recognition of future challenges and possible
Should Governments Spend Away?
With sovereign-bond markets still showing little concern for the massive levels of borrowing and spending across advanced economies, it is
Hong Kong is the Berlin of the 21st Century
Among the many points of tension and distrust that have become features of the deteriorating state of relations between China and the United
The Challenges of the Post-Pandemic Agenda
The pandemic has highlighted the vulnerability of human societies and fortified support for urgent climate action. But while the small government,
China Has Blown Its Historic Opportunity
In the wake of the COVID-19 pandemic, China could have become the development bank, central bank, and medical supplier to the world. By choosing
The Fastest Way Out of the Pandemic
During the 2009 swine flu pandemic, a few countries cornered the vaccine market, leaving the vast majority of the global population with no
Saving Generation COVID
During the COVID-19 crisis, lockdowns and other social-distancing rules have forced schools worldwide to shut their doors, locking out a peak
A Note from a Quaran-teen
July 17th will mark my 17th birthday. It will also mark the 138th day since I have come within six feet of anyone outside of my immediate
A 100-day Agenda to Reunite America
After four years of a president who has deliberately tried to divide Americans, the United States can and must find common purpose to address
The Long and Winding Road
The return to work won’t be as simple as flipping the light switch and turning the gears of commerce back on. Expect it to be bumpy.
The Pandemic Must End Our Complacency
With an economic downturn as severe as the Great Depression and political conditions similar to those in the run-up to World War I, an international
Protests, Violence and America’s Democracy
As in so many other cases, it often takes just one spark to light an eruption of outrage, itself an accumulation of rising levels of economic
How Markets and Governments Must Work Together
Economists have long known that the liberal ideal is an abstraction, a useful tool for theoretical reasoning, but hardly a template for reality.
American Exceptionalism in the Age of Trump
As the world’s two largest economies, the United States and China are condemned to a relationship that must combine competition and cooperation.
The Dream Called the United States
The United States was to be a shining city on hill. A nation, rooted in exceptionalism, destined to transform the world for the positive.