Contrary to how it may appear to many, not least in the US, the new cold war seems to be based not on the old logic of polarization, but on
Following the first Republican debate of the US presidential primary season, there is good reason to worry about what a Republican victory
At a time when the United States is asking its allies to help it counter China, its wasteful, inefficient industrial policies are making it
Industrial policy is not always wrong and sometimes it is very right. Now is one of those times. Even Adam Smith might agree.
Although China is on the verge of escaping the dreaded “middle-income trap,” it is aging fast and facing significant economic
Scientific and technological innovation may be necessary for the productivity growth that enriches societies, but it is not sufficient. Without
Great power politics now include India. But will India tip the balance?
Vladimir Putin’s greatest nightmare has come true, with Russia having been brought to the brink of civil war. Even if a massacre of the
The chief of the feared Wagner Group, Yevgeny Prigozhin, has been attacking Russia’s top military brass and warning that ordinary Russians,
In recent years, China has capitalized on the G7’s diminishing share of global GDP to proclaim the superiority of its one-party system over
At a time of rising geopolitical tensions and supply-chain fragmentation – when national-security considerations are shaping economic policy,
After decades of heeding Deng Xiaoping’s advice to “hide its strength, bide its time, never take the lead,” China has apparently decided
Although Florida Governor Ron DeSantis has walked back recent remarks claiming that America has no important stake in the outcome of Russia’s
By standing up to Chinese territorial encroachments, India has openly challenged Xi Jinping’s expansionism in a way that no other world
China is moving away from growth for growth’s sake. Instead, the focus is on balanced growth and macroeconomic stability.
Chatter that the dollar is about to be displaced as the world’s primary reserve currency are misplaced. The issue is not so much the strength
The primary lesson learned from recent banking stress is that banks are fundamentally risky ventures. Regulation must be improved and strengthened.
The late-twentieth-century assumption that democracy and markets would ultimately triumph everywhere has since been met by an intellectual
While China has made great strides in internationalizing its currency, the goal of dethroning the US dollar is still far off. To undermine
Though carbon-offset schemes are riddled with complexity, there is no question that they pay for something that matters. Far from being a
The recent indictments of Russian President Vladimir Putin and former US President Donald Trump highlight the law’s growing, and potentially
National governments’ responses to the latest banking crisis confirm once again that some countries play by different rules than others.
Is the Fed is losing control over the money supply and inflation in its efforts to combat the banking crisis?
It has been three years since COVID shut down schools, and we are still learning about the profound impact it has had on our youngest generations.