Winning the race for future technologies demands a united front. That is why the United States and the European Union must continue to shape
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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
Which AI Risks Matter?
Although overly confident predictions about artificial intelligence are as old as the field itself, there is good reason to take seriously
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