After decades of falling, violent crime is again on the rise in the US. Politics follows crime, making crime a wild card in next year’s
Crime and Politics
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Politics
GDP’s Days Are Numbered
Economists have long know that Gross Domestic Product (GDP) is a poor representation of society’s well-being. Promising alternatives are
Inside America’s Polarized Views on Race
We are not color blind. We form views on race and inequality that defy statistics and analysis. Overcoming racial inequality will be an enduring
Misreading China’s WTO Record Hurts Global Trade
A successful global trading system requires good faith actors. In recent years, the US has undermined its standing by acting in bad faith.
Finding Purpose in the Humanities
STEM prepares us to tackle technical problems. The humanities prepare us to tackle life’s problems. It is time to restore the humanities
Time to Overhaul the Global Financial System
For low- and lower-middle-income countries to pursue their development goals and do their part in tackling problems like climate change, they
Can the Fed Overcome Its Transitory Policy Mistake?
The later the US Federal Reserve is in reacting properly to inflationary developments, the greater the likelihood that it will have to hit
Digital Finance Without Cryptocurrencies
Digital payments and financial transactions hold the promise of greater convenience, stronger competition, and increased savings to society.
Capitalism Without Capital?
Capitalism without capital has been wonderful for investors, but it’s time is over and new models are needed.
The Case Against Green Central Banking
Addressing climate change is vital. But so too is sound central banking. Keeping those tasks separate is best.
Reeling in a Deal to Save the Ocean
The oceans are our commons. We must act before they become our tragedy. The upcoming WTO meeting offers an opportunity for a fresh start.
The Inflation Conundrum
From the US and Brazil to Turkey and India, growing price pressures are leaving policymakers facing some difficult decisions. Unlike in many
Star Trek and Climate Change
We must address climate change with urgency, but also with political realism so we don’t otherwise lose the battle before we get effectively
The Climate Demands Better Capitalism
Sustainable growth is not an oxymoron, but it is an aim that requires both markets and social awareness.
Coping with Complexity
Today we are confronted by rapid change and fundamental, even existential, challenges to overly complex systems — only more flexible thinking
The Rise of Intangible Capitalism
The digitized, dematerialized, knowledge-based economy is already here and spreading, and offers huge potential value. The challenge for firms
Planning the Route to Net Zero
In the run-up to COP26, companies trumpeted their commitment to addressing climate change, often citing pledges to achieve goals decades in
Bringing the ESG Revolution to Private Markets
Three great levers have historically moved the world: religion, government, and capital.
What Europe’s Energy Crunch Reveals
Addressing climate change requires resiliency and sacrifice. Both are in short supply, suggesting that required changes will be delayed, imposing
Back to Austerity?
The public purse is not unlimited. It is time for proponents of government programs to focus on what is essential to achieve before the next
Why Are Supply Chains Blocked?
When forecasts are not specific enough to be actionable, the supply response cannot adjust in a timely or efficient manner. And because there
The Path to Climate Credibility
As the world convenes to address climate change, it may take sticks as well as carrots to meet emissions targets. Tariffs on laggard nations
Clean Energy Has Won the Economic Race
Even as major oil companies report record profits, the tide is turning against them and fossil fuels. The future belongs to renewables.
Colin Powell and the Meaning of Charisma
Colin Powell was not perfect, but he was a great leader. And like all great leaders, he had genuine charisma.