US President Joe Biden has declined the Democratic Party’s presidential nomination.
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Why Are Stocks, Gold, and the Dollar Surging?
The US stock market has been on a tear over the past two years.
Biden Rejects the Drug of Power
By stepping aside to let a younger candidate take over, Biden has prioritized America’s interests over his own desire to lead.
The Trump Shooting Reveals the Hallmarks of American Political Violence
Europe is no stranger to political violence like the recent attempt on Donald Trump’s life at a campaign rally in Pennsylvania.
The Way Forward for Ukraine’s Economy
With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor.
Can Democracy Win in 2024?
By the end of this historic election year, we will have a clearer idea of democratic leaders’ ability to convince voters that the system
The Supreme Court Is Shaking America’s Fiscal Foundations
The US Supreme Court’s 6-3 conservative supermajority, having demonstrated its willingness to undermine long-standing government powers
Britain’s “Change Election” Changes Nothing
The Labour Party, campaigning on change, secured a historic victory in the United Kingdom’s general election.
The Digital Economy’s Growing Time Tax
Digital technologies herald labor-saving breakthroughs. But in many cases they simply turn us into unpaid laborers.
Ending the Protectionist Scourge Would Benefit All
Protectionism these days is popular. It is also wrong. Free trade can remain a pathway to increased prosperity for all.
Europe’s Coming Paralysis
The collapse of centrist parties in France and a weakened German government leave Europe unable to meet the economic and security challenges
Is Private Credit Becoming the Public’s Problem?
Given the explosive growth of private credit over the past 15 years, it is understandable that regulators and central bankers are taking a
What Climate-Vulnerable Developing Countries Need Right Now
A problem as unprecedentedly large and destructive as climate change demands bold new thinking and urgent action.
The New EU Leadership Must Unite on China
The European Union’s foreign policy will soon be under new management.
Why Macron Is Risking an Election
Why would French President Emmanuel Macron risk holding an election that the far right is likely to win?
The Dangers of a US Capital Inflow Tax
This election season in the United States has brought forth many bad policy proposals.
America’s Democratic Dysfunction
Addressing America’s political chasm requires an understanding of deep cultural, historical and institutional divisions in US history.
Don’t Believe the AI Hype
Artificial Intelligence is unlikely to revolutionize the economy as much as its proponents would have has believe.
Are the Kids All Right?
The threat for democracy comes from an unexpected source: the young.
A Plea for Political Economy
As markets, trade, politics, and international relations become increasingly interconnected, mainstream economics finds itself at an intellectual
Rough Justice for Trump
Following Donald Trump’s conviction in a Manhattan courtroom, the Wall Street Journal’s editorial board worries that the successful prosecution
Maxims for the AI Age
Far too often, debates about technology, innovation, and progress fall into crude dichotomies – humans versus machines, utopia versus dystopia
Central Banks’ New-Old Inflationary Bias
While rules-based monetary policy thrived when globalization put downward pressure on inflation, the COVID-19 pandemic has revived central
How to Close the Gender Wage Gap
Gender pay parity in Iceland demonstrates that equal rights and public policy are required to achieve economic equality.