Reaching net-zero emissions by 2050 – and thus limiting the rise in global temperatures to 1.5°C above pre-industrial levels – implies
Theme of the Week
Ukraine: Implications for Investors
The invasion of Ukraine has near and long-term consequences for investors. It is not as simple as ‘buy the dip’.
The Invisible Students
Our educational system is failing immigrant students, eroding the promise of our future.
Banks and the Green Leap Forward
By imposing stricter capital requirements on fossil-fuel lending, governments and banking regulators can help to redirect a huge flow of funds
Guns and Shots
Pandemic control and gun control offer important, and overlapping, lessons.
A Bad Year for Markets?
Market fundamentals are shifting from tailwinds to headwinds. Investors ought to prepare for more volatile conditions.
Crime in Suites and Suits
The dramatic securities fraud trial of Elizabeth Holmes is front and center in the news. Yet, it is just another episode in the long history
Why the Fed Must Tighten
The Fed at risk of losing their credibility as guarantors of price stability unless they now respond to inflation.
Does Japan Vindicate Modern Monetary Theory?
For decades, the Japanese government has amassed more and more debt without triggering higher borrowing costs or inflation. But there is no
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
Hacking the Tragedy of the Commons
Success in achieving net-zero emissions requires broad buy-in from the entire private sector, not just publicly listed companies. Fortunately,
The Case Against Green Central Banking
Addressing climate change is vital. But so too is sound central banking. Keeping those tasks separate is best.
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
Supporting Afghan Refugees Over the Long Term
The bi-partisan support in the United States for welcoming Afghan refugees is heartening. But how long will it last?
Guns and Taxes
In America, guns and taxes are unavoidable. If we are to address the true cost of guns, it is time to tax them.
The Biodiversity Challenge
Population growth and economic expansion are on a trajectory to overwhelm nature, leading to biodiversity collapse.
Celebrating Aspiration
The US founding fathers were flawed. Yet in words, deeds and law they created platforms for human aspiration. That legacy is invaluable.
Market Power Is Eating the Economy
While economic observers have long worried about the growing dominance of Big Tech, few have apprehended the sheer scale of the problem. Today’s
Biden’s Antitrust Revolutionaries
A growing debate over the scope and purpose of US antitrust law has pitted traditional technocrats against an ascendant movement that is demanding
America vs China is Not a Zero Sum Game
If an alien intelligence were monitoring news on Earth, they would probably assume China was eating America’s lunch. They would be mistaken.
An Interview with Jim O’Neill
A rare discussion with one of Europe’s leading economists and global thinkers.
Will Corporate Greed Prolong the Pandemic?
The shortfall in global COVID-19 vaccine production could be closed if manufacturers around the world were granted access to the necessary
Beware Economists Bearing Policy Paradigms
US President Joe Biden’s administration has embarked on a bold and long-overdue departure from the economic policy orthodoxy that has