Digital technologies herald labor-saving breakthroughs. But in many cases they simply turn us into unpaid laborers.
The Digital Economy’s Growing Time Tax
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Ending the Protectionist Scourge Would Benefit All
Protectionism these days is popular. It is also wrong. Free trade can remain a pathway to increased prosperity for all.
Is Private Credit Becoming the Public’s Problem?
Given the explosive growth of private credit over the past 15 years, it is understandable that regulators and central bankers are taking a
What Climate-Vulnerable Developing Countries Need Right Now
A problem as unprecedentedly large and destructive as climate change demands bold new thinking and urgent action.
The New EU Leadership Must Unite on China
The European Union’s foreign policy will soon be under new management.
America’s Democratic Dysfunction
Addressing America’s political chasm requires an understanding of deep cultural, historical and institutional divisions in US history.
Don’t Believe the AI Hype
Artificial Intelligence is unlikely to revolutionize the economy as much as its proponents would have has believe.
A Plea for Political Economy
As markets, trade, politics, and international relations become increasingly interconnected, mainstream economics finds itself at an intellectual
Rough Justice for Trump
Following Donald Trump’s conviction in a Manhattan courtroom, the Wall Street Journal’s editorial board worries that the successful prosecution
Maxims for the AI Age
Far too often, debates about technology, innovation, and progress fall into crude dichotomies – humans versus machines, utopia versus dystopia
Central Banks’ New-Old Inflationary Bias
While rules-based monetary policy thrived when globalization put downward pressure on inflation, the COVID-19 pandemic has revived central
How to Close the Gender Wage Gap
Gender pay parity in Iceland demonstrates that equal rights and public policy are required to achieve economic equality.
What the AI Pessimists Are Missing
Like other disruptive technologies, AI evokes fear. But it has the potential to transform our lives for the better.
Life Doesn’t Come With a Manual, It Comes With a Mother
This Mother’s Day, we honor our mother’s in prose and verse.
The Rise of the Finternet
Financial services must catch up with the advances made in communications since the advent of the internet and smartphones.
Don’t Fret About Green Subsidies
Governments should stop decrying each others’ green industrial policies as norm violations or dangerous transgressions of international
Why Non-Compete Clauses Should Be Banned
Restrictions on labor movement imposed by non-compete clauses do far more harm than good.
You Can Do This
When despair, fear and helplessness set in, it is important to recall the skills and experiences that calm our minds and allow us to persevere.
Where Have You Gone, Immanuel Kant?
On the occasion of his 300th birthday, the West could do well to recall the moral philosophy of Immanuel Kant, above all his emphasis on the
The Perils of Retirement in America
America’s retirement system is failing. It perpetuates inequality and is unlikely to serve millions of Americans in or nearing retirement.
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.