America’s retirement system is failing. It perpetuates inequality and is unlikely to serve millions of Americans in or nearing retirement.
The Perils of Retirement in America
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Why Inflation (Still) Matters
A gummed up US housing market threatens the Fed’s inflation target. It could also undermine markets and President Biden’s re-election
What a Climate-Aligned IMF Would Look Like
Having established a priority to address climate change in its policies and in relations with member states, the IMF must now put deed to
China’s Rebalancing Imperative
It has been said before and it bears repeating: China must unleash consumption-led growth to rebalance its economy.
The Boring Truth About AI
Artificial intelligence is more evolutionary than revolutionary. Its advance will be slower than many think.
Why Is Europe Losing the Productivity Race?
Europe needs to accelerate the adoption of new innovations, ones that can make its economy more productive.
Monetary Policy: The Dog That Did Not Bark
The US economy has become less sensitive to Fed rate hikes. But the Fed can still ease this year, given declining inflation.
The Right Response to China’s Electric-Vehicle Subsidies
Subsides for domestic EV producers make for better policy than tariff’s on Chinese EV imports.
NATO Without America
Can Europe ensure its own security without the US? Not yet.
How Democracies Can Win the Tech Race
Winning the race for future technologies demands a united front. That is why the United States and the European Union must continue to shape
Solar Geoengineering Is a Dangerous Distraction
At the most recent United Nations Environment Assembly, Africa’s leaders helped shoot down a resolution that called for more research into
Why Are We So Glum?
The economy is objectively strong, but Americans are undeniably pessimistic, convinced the American Dream is slipping away.
When France and Germany Squabble, Putin Rejoices
Following a recent, highly public disagreement, French and German leaders urgently need to get back on the same page. At a time when Europe
The Future of ‘Sworking’
Seniors working, or ‘sworking,’ is a true potential win-win that could help alleviate pressure both on public pensions and on the elderly’s
The Economic Consequences of Legal Behavior
Many thriving societies, such as Germany and Japan, adhere closely to the letter of the law. However, allowing for a certain degree of latitude
The Mystery of US Interest Rates
The near-consensus since the start of the pandemic has been that there are powerful fundamental factors keeping the neutral interest rate
Why Trump Can’t Win
Trump’s extremism risks depressing Republican turnout, which could undermine his re-election chances in November.
The Untimely Resurrection of the Two-State Solution
A two-state solution is both the ideal and the enigma of the Israeli-Palestine conflict. Is it possible?
Putin’s Silk Road Around Sanctions
The overriding imperative for the West must be to make Russia’s war against Ukraine as costly as possible for Russians. Why, then, are
Carbon Credits Hold the Key to Combating Deforestation
After 15 years of planning and preparation, Ghana is poised to offer carbon credits to buyers in the Global North, who, facing accusations
The Submergence of Emerging Markets
Despite what many think, the world as a whole has become vastly more equal, thanks to decades of rapid growth in China, India, and other emerging
Trump, Avalanches, and Character
Sometimes, an avalanche is triggered by one final snowflake weighting a slope beyond what it can take. Could Trump’s growing litany of legal
The Fiscal State of the Union
If political leaders in the US don’t tackle both structural fiscal adjustment and tax reform, 2025 will be a year of reckoning.
Explaining Americans’ Pessimism About a Strong Economy
At least six reasons have been advanced to explain the apparent disconnect between US economic indicators and public-opinion surveys. While