Why would French President Emmanuel Macron risk holding an election that the far right is likely to win?
Why Macron Is Risking an Election
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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.
What the AI Pessimists Are Missing
Like other disruptive technologies, AI evokes fear. But it has the potential to transform our lives for the better.
Crunch Time for the Power Sector
The grid is long overdue an upgrade. Doing so requires a public-private enterprise.
The Rise of the Finternet
Financial services must catch up with the advances made in communications since the advent of the internet and smartphones.
Don’t Fret About Green Subsidies
Governments should stop decrying each others’ green industrial policies as norm violations or dangerous transgressions of international
Why Non-Compete Clauses Should Be Banned
Restrictions on labor movement imposed by non-compete clauses do far more harm than good.
Why Voters Are Unhappy About the Biden Economy
Polls indicate voters are unhappy with the US economy. Things may not be as good as the data suggest, though voter misperceptions are also
The Perils of Retirement in America
America’s retirement system is failing. It perpetuates inequality and is unlikely to serve millions of Americans in or nearing retirement.
What a Climate-Aligned IMF Would Look Like
Having established a priority to address climate change in its policies and in relations with member states, the IMF must now put deed to
China’s Rebalancing Imperative
It has been said before and it bears repeating: China must unleash consumption-led growth to rebalance its economy.
The Boring Truth About AI
Artificial intelligence is more evolutionary than revolutionary. Its advance will be slower than many think.
Why Is Europe Losing the Productivity Race?
Europe needs to accelerate the adoption of new innovations, ones that can make its economy more productive.
The Hidden Costs of “Slowbalization”
De-globalization will exact a lasting cost on global welfare.
The Right Response to China’s Electric-Vehicle Subsidies
Subsides for domestic EV producers make for better policy than tariff’s on Chinese EV imports.
NATO Without America
Can Europe ensure its own security without the US? Not yet.