An External Revenue Service is Orwellian. Tariffs are paid by US residents. Full stop.
Trump’s Trade Scam
Continue Reading
Featured
Trump’s First Test Will Be the Bond Market
The bond markets are watching. Trump and Bessent should consider themselves warned.
Can Trump Dump the Dollar?
US President-elect Donald Trump’s incoming administration will likely seek to weaken the greenback’s exchange rate. But whether
A Baseline Scenario for the Global Economy in 2025
In 2024, global geopolitics and national politics have undergone considerable upheaval.
The Half Promise of Weight-Loss Drugs
For all their promise, weight-loss drugs are the proverbial band-aid on the mortal wound. If we are to address obesity, we must address a
Trump’s Tariffs Will Backfire
While Trump appears eager to impose tariffs on everyone, China has always been his favorite target.
Why Bidenomics Did Not Deliver at the Polls
Bidenomics didn’t work in the 2023 election because it focused on 20th century workers, not those struggling today.
Trump’s Impossible Economics
Trump’s economic policies are incoherent and inconsistent. They are likely to lower living standards and lift inflation.
Trump’s Best Hope for Peace Is to Support Ukraine
US President-elect Donald Trump has claimed that he could end the Russia-Ukraine war in a single day.
Centering Ourselves in Humanity
In today’s fractured political climate, reminders of our “better angels” are rare. Here is one.
The Perils of a Trump-Musk Economy
Trump is offering crony rentier capitalism, a kind of capitalism which, even if it does well for Musk and other billionaires, won’t be good
First Trump Came for the Immigrants
Donald Trump’s increasingly unhinged campaign rhetoric bears the hallmarks of a dangerous dictator eager to rule over a weak, divided, and
Investments in Nature Will Decide Our Future by Ambroise Fayolle
Climate change and biodiversity loss can only be addressed if we also preserve and enhance our natural surroundings of forests, watersheds
Is Capitalism Really the Cause of Global Inequality?
In recent years, Western observers have increasingly treated inequality as a domestic issue.
A Dangerous Dance for Israel and Iran
Iran and Israel have long been locked in a volatile confrontation – a cold war chronically in danger of turning hot.
The New Gang of Four
The 21st century is becoming an era of great power rivalry. Shifting alliances will test US diplomacy and might.
Financing Nature
As last year’s United Nations Climate Change Conference in Dubai made clear, we are headed toward a catastrophic and irreversible breakdown
America Has No Alternative to Industrial Policy
Gone are the days when US politics was a divide between believers in free markets and those advocating for government intervention. To paraphrase
Beware of Big Tech Steering AI Regulation
Technological innovation should no longer serve only the interests of a few multinational corporations.
Why Most Firms Fail to Capitalize on New Technologies
If asked what improvements in transportation would be most useful in 1900, most respondents might have answered: ‘A faster horse.’
Weighing Up AI’s Climate Costs
If we play our cards right, AI may well prove to be our ace in the hole in the fight against climate change.
The Rule of Law Is Coming for Putin
The Council of Europe, often criticized for being overly cautious, is flexing its muscles.
The Supreme Court Just Sabotaged the US Economy
Contrary to conventional wisdom, the Supreme Court’s reversal of the four-decade-old “Chevron deference” doctrine is potentially one
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.