Stormwall: Observations on America in Peril

Stormwall: Observations on America in Peril

America stands at a critical turning point in its history, where the gathering storm clouds of four distinct crises have formed and are converging to threaten the nation. A looming economic crisis, the COVID-19 pandemic, escalating conflicts in America’s great power rivalry with China, Iran and Russia, and rising social unrest within its own borders have combined into a potentially severe stormwall of risk for the United States. Continue Reading

Who’s Afraid of Rules-Based Monetary Policy?

Who’s Afraid of Rules-Based Monetary Policy?

In addition to introducing a massive policy response to the COVID-19 crisis, the US Federal Reserve this year has announced a fundamental change in its overall strategy. Yet in doing so, it has unnecessarily introduced more uncertainty into the policy mix, setting a bad example for the world’s other major central banks. Continue Reading

The UN’s Existential Crisis

The UN’s Existential Crisis

Far from bolstering multilateralism, COVID-19 has revealed a world of nation-states locked into a destructive zero-sum contest. The United Nations’ upcoming 75th anniversary thus risks being remembered as the moment when a lethal virus destroyed the very idea of our common humanity. Continue Reading

Winning the Fight Against Cholera

Winning the Fight Against Cholera

In recent years, the world has made considerable progress in the fight against cholera. But, with climate change, urbanization, and population growth creating an ideal breeding ground for the disease, stronger action is urgently needed to bring eradication within reach. Continue Reading

Joe Biden, Redemption and The American Dream

Joe Biden, Redemption and The American Dream

There were no special effects, no crowds, no band, no balloons. But, none of this was needed. As Joe Biden looked at a blank camera, with a lined face worn by almost eight decades of triumph and tragedy, I saw a man speaking to a country that could now know it was understood. Continue Reading

To the Brink with China

To the Brink with China

The chances of a Sino-American cold war are far higher today than they were just months ago. Even worse, the chances of an actual war, resulting from an incident involving the countries’ militaries, are also greater. Continue Reading

Hope for a New “UN Moment”

Hope for a New “UN Moment”

When the United Nations celebrates its 75th anniversary this September, the US will still be misgoverned by a transactional president who has no interest in global rules. But if that rules out a rebirth of global multilateralism this fall, things could look very different next spring. Continue Reading

John Lewis’ Final Words

John Lewis’ Final Words

In a special Last Word, Morgan Freeman reads the words of John Lewis’ final essay, which he requested be published in the New York Times on the day of his funeral: “Together, You Can Redeem the Soul of Our Nation.” Continue Reading

Will COVID-19 Kill Cash?

Will COVID-19 Kill Cash?

Reports that the coronavirus could be transmitted by handling cash has given people another reason to steer clear of banknotes. Although untrue, the damage has been done, and a recent survey found that 75% of respondents expect to use cash less in the future. Continue Reading

Inspiration

Inspiration

The pandemic should be bringing nations together in the face of our common threat. Instead we see nationalism and borders closing. So here is an inspiring reminder that 250 miles above Earth, we are all as one. Continue Reading

Reviving the WTO

Reviving the WTO

The World Trade Organization has an irreplaceable role to play in transforming countries’ economic prospects and the lives of people around the world. Although the COVID-19 crisis has brought the organization’s deteriorating health into sharp focus, its further decline is not inevitable. Continue Reading

United States of Despair

United States of Despair

America finds itself in the grips of two epidemics, each of which has exposed deep inequalities across races and levels of educational attainment. Between rising “deaths of despair” among working-class whites and higher COVID-19 mortality rates among African-Americans, the stunning secular decline in US life expectancy will continue. Continue Reading

Update On A COVID-19 Vaccine

Update On A COVID-19 Vaccine

Humankind has never had a more urgent task than creating broad immunity for coronavirus. Realistically, if we’re going to return to normal, we need to develop a safe, effective vaccine—and we need to do it faster than we’ve ever developed a vaccine before. Continue Reading

Wanderers

Wanderers

Are you feeling cooped up, stir-crazy? No wonder – even after 400 generations in villages and cities, we are still nomadic wanderers at heart. Here is a brilliant short-film to inspire you for the days when we can journey again. Continue Reading