Preventing global warming by 1.5 degrees Celsius may seem impossible, but science shows it is feasible. It is also imperative.
Climate Science Beats Climate Fatalism
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The Myth of Western Decline
In recent years, China has capitalized on the G7’s diminishing share of global GDP to proclaim the superiority of its one-party system over
Debt and Dysfunction in America
The latest debt-ceiling drama playing out in Washington is more worrying than usual. Even if President Joe Biden and congressional Republicans
In Defense of Industrial Policy
At a time of rising geopolitical tensions and supply-chain fragmentation – when national-security considerations are shaping economic policy,
The Overwhelming Case for CBDCs
‘Central Bank Digital Currencies (CBDC) offer monetary policy powerful countercyclical tools. Central banks would be foolish not to adopt
Why Ukraine Matters
Although Florida Governor Ron DeSantis has walked back recent remarks claiming that America has no important stake in the outcome of Russia’s
A BRICS Threat to the Dollar?
Chatter that the dollar is about to be displaced as the world’s primary reserve currency are misplaced. The issue is not so much the strength
A Reality Check for the Renminbi
While China has made great strides in internationalizing its currency, the goal of dethroning the US dollar is still far off. To undermine
Putin and Trump in the Dock?
The recent indictments of Russian President Vladimir Putin and former US President Donald Trump highlight the law’s growing, and potentially
America’s Interest in Ending the Ukraine Crisis
After more than a year of fighting, it is clear that neither side in the Russia-Ukraine war can win on the battlefield. A negotiated ceasefire
What Next?
The ongoing banking crisis is an opportunity to rethink whether we even still want or need to have banks.
A Good Year for China’s Economy
Following the government’s abandonment of its zero-COVID policy in December – and especially since the middle of last month – the economy
The United States Marine Corps, Quo Vadis?
After almost 250 years, the US Marine Corps is facing what may be its biggest threat — from within.
There Is More Inflation Complexity Ahead
As US inflation gradually eases, the claim that today’s inflationary pressures are the result of a temporary supply shock has re-emerged.
Japan’s New Security Posture Is Abe’s Legacy
Japanese Prime Minister Fumio Kishida’s plan to double the country’s military spending, together with the recent update to Japan’s national
What Drives Innovation?
After decades in the wilderness, industrial policy is now being rediscovered as a tool for addressing climate change and navigating a fraught
The Limits of Japan’s Military Awakening
While Japan’s move toward rearmament is welcome, the embrace of Tomahawk missiles and hypersonic weapons alone will not force China to stop
What We Learned in 2022
2022 was a year of significant events, too many of them tragic. Yet, in each of them we also find reasons for hope.
What in the World Will Happen in 2023?
The sleeper story of the coming year will be Japan’s emergence as a major geopolitical actor. And, for the first time since the fall of
More War Means More Inflation
Advanced economies and emerging markets are increasingly engaged in necessary “wars” – some real, some metaphorical – that
Is It Time to Give Up on 1.5°C?
The world economy’s carbon intensity is declining at nowhere near the rate needed to limit global warming to 1.5°C. But while continuing
What Happens After the War?
Figuring out Ukraine’s post-conflict future will be essential not just for the Ukrainian victims of Russia’s invasion, but also for Europe
The Promise of Nuclear Fusion
We may be on the cusp of commercially available nuclear fusion technology, which would usher in a societal paradigm shift.
Ten Lessons from the Return of History
One thing we learned in 2022 is that war between countries, thought by more than a few academics to be obsolete, is anything but. And that