Although overly confident predictions about artificial intelligence are as old as the field itself, there is good reason to take seriously
Which AI Risks Matter?
Continue Reading
Featured
The Lonesome Death of Alexei Navalny
Navalny’s only ‘crime’ was opposing Vladimir Putin, for which he paid with his life.
Why Is China Stalling Out?
China’s faltering growth reflects waning confidence in the country’s governing elite.
America’s Steel Madness
Economic common sense is too often sacrificed for political expediency. Steel may be the next such case.
The Economic State of the Union
As President Biden prepares to deliver his State of the Union address, it is an opportune time to consider what the economic data says about
Will Ukraine Survive?
What Ukraine and its Western backers have accomplished in the wake of Russia’s February 2022 invasion is extraordinary. But with congressional
What Is the Fed Thinking?
The US Federal Reserve has clearly signaled that it is in no hurry to align its policy interest rate with the presumed value of the neutral
Credit Bidenomics for Rising US Wages
After five decades of widening inequality and stagnant pay, low- and middle-income workers in the United States experienced a significant
The Next Inflationary Surge
Negative supply shocks are likely to become more frequent, leading to greater inflation volatility. But monetary policy cannot address adverse
American Greatness and Decline
A Trump victory this November would hasten the return of US isolationism and the decline of American hegemony. The roots of American withdrawal
Germany’s Dangerous Alternatives
The breakdown of Germany’s postwar centrist political consensus poses risks for Germany and Europe. Elections this year could not be more
2024 Elections: The Trump “Dummy” Factor
The Trump effect is well-known, but not for what the conventional wisdom believes — the data suggest that Trump consistently hurts his and
FTX Was Never Really Bankrupt
The prosecution in Sam Bankman-Fried’s criminal trial drilled into the jurors’ heads that FTX customer losses exceeded $8 billion, but
China’s Imagination Deficit
Despite facing a flagging economy, powerful demographic headwinds, and an escalating rivalry with the United States, the Chinese government
Davos and the Perils of Prediction
Why is it that a gathering of the world’s wealthiest and most powerful people tends to produce such an inability to predict the future?
Loosening the Threads of Anti-Immigrant Bias
Educating young people to thrive in increasingly diverse schools requires reimagining how we build a shared sense of belonging among youth.
Protecting Ukraine Aid from Western Political Dysfunction
Despite overwhelming public support, domestic partisan disputes prevent Western countries from delivering crucial aid to Ukraine. To ensure
A Progressive Green Growth Narrative
Although many countries have the means to direct new investment toward decarbonization and other socially and environmentally beneficial outcomes,
It’s (More Than) the Economy, Stupid!
Lower inflation and low unemployment, alone, may not ensure Biden’s reelection. Voter economic angst runs deeper and broader than simple
Why Are So Many Young Chinese Depressed?
Young Chinese are increasingly disillusioned by a rigid education system, restrictions on free movement and heavy-handed family policies.
Confronting Our Four Biggest Economic Challenges
Economics has the tools to address climate change, inequality, development and globalization. But it must use them more wisely.
Not Just Democracy on the Ballot
Liberalism, far more than democracy, is at stake in this year’s elections. What America and the world need are voices that can rejuvenate
How Fiscal is the Fed?
Central bank independence is considered essential for the effective conduct of monetary policy. But has that independence been compromised
Clarifying America’s Great Inequality Debate
Inequality has become more pronounced in recent decades. It is a function of a dysfunctional economy. Recognition is the first step toward