Overcoming Islamic extremism will continue to test the West. But it can be done. The remedy requires equal parts hard and soft power.
More than anything, the world needs faster productivity growth. It might just be happening.
Rich countries can experiment with unorthodox policies. The latitude for developing countries is much smaller. Copycat economic policies could
Euphoria can blind us to what follows. Keynes presciently made that point a century ago. His insight is worthy of consideration today as bullish
There is a growing consensus that the US economy’s inflationary pressures and growth challenges are attributable largely to temporary supply
Technological innovation alone does not boost productivity. Only when technology is widely adopted does it lift living standards. That’s
As more commentators warn of a coming military conflict between the United States and China, it is easy to believe that war is inevitable.
Might Afghanistan derail President Biden’s domestic policy agenda? Foreign policy setbacks sometimes do—and sometimes don’t. Much depends
Free-market advocates have been unable to stem the erosion of intellectual and public confidence in their arguments. Two prominent economists,
In America, guns and taxes are unavoidable. If we are to address the true cost of guns, it is time to tax them.
If we only share what is noble and good from the past, we can be sure that our understandings will be simplistic, inaccurate and leave us
China’s leadership is asserting itself. When politics and economics clash, politics often wins—to the detriment of economics and investing.
Central banks are not infallible. But they are not chiefly responsible for rising inequality.
Since 2008 – and more so during the pandemic – central bank money has been showered, via private bankers, on the ultra-rich, while everyone
Population growth and economic expansion are on a trajectory to overwhelm nature, leading to biodiversity collapse.
With Sino-American relations increasingly coming to resemble the geopolitical dynamics of the original Cold War, the world is heading toward
With a major new executive order calling for stronger enforcement of antitrust laws, Joe Biden has become the first president since Harry
When a former central banker suggests today’s central bankers may be complacent about inflation, that’s news.
Successfully mitigating climate change this century will take a joined up effort by all countries—rich, middle income and poor.
By siding with major food corporations over six Malian former child slaves who were seeking compensation under US tort laws, the US Supreme
At-risk economies may have six months or so to implement self-help measures before any sudden US monetary-policy tightening happens.
With so much of “normal” social and economic life put on hold by the coronavirus pandemic, there is no better time to consider new approaches
It is imperative that the G20 finance ministers’ meeting in Venice this week act to provide the COVID-19 vaccines needed to achieve
The US founding fathers were flawed. Yet in words, deeds and law they created platforms for human aspiration. That legacy is invaluable.