Proponents of solar geoengineering say that lowering Earth’s average temperature by reflecting sunlight into space will tackle global
Debunking Solar Geoengineering
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War Over Taiwan?
For five decades, both China and the US benefited from the time they had bought on the question of the island’s status. To prevent what
Will Crypto Survive?
With a storyline full of celebrities, politicians, sex, and drugs, the future looks bright for producers of feature films and documentaries
Will the West Give in to Russia?
Since Russia’s invasion of Ukraine nine months ago, the West has not only delivered nearly $100 billion in aid to Ukraine, but also imposed
The Republicans Lose with Trump
For four decades after World War II, climate change and job-displacing artificial intelligence were not on anyone’s mind, and terms like
The Rise and Fall of the Socially Beneficial Corporation
For four decades after World War II, climate change and job-displacing artificial intelligence were not on anyone’s mind, and terms like
A Drunkard’s Search: Ageism and the Labor Shortage
The developed world is facing a historic labor shortage and the answer is to hire more older workers…yet, ageism is a pernicious hurdle.
The Case for Structural Financial Deglobalization
The strengthening US dollar and rising borrowing costs have left developing and emerging-market countries between a rock and a hard place.
Crime and US Mid-Term Elections
Crime, not the economy, may be the critical swing factor in the upcoming mid-term elections.
The Implementation COP
Many are calling the upcoming UN climate change conference in Egypt “Africa’s COP.” But Africans prefer to see it instead as “the
A New Chance for the World Bank
The World Bank should be a major vehicle for crisis response, post-conflict reconstruction, and, most importantly, for supporting the huge
The Stagflationary Debt Crisis Is Here
The Great Moderation has given way to the Great Stagflation, which will be characterized by instability and a confluence of slow-motion negative
No Security Without Climate Security
Climate change poses an existential threat to humanity, but the US defense apparatus has not treated it accordingly, because it does not fit
Transforming the Economics and Governance of Water
Water-related crises around the world have shown that current systems of governance and economic organization are unsuited for a world altered
Whither the ESG Revolution?
Many companies are promising to align their objectives – including how they measure their performance – with broader imperatives relating
Will Russia or the West Win the Economic and Financial Battle?
After six months of unprecedented Western sanctions, Russia’s economic situation, though bad, is arguably better than most observers expected.
The Real Stakes at Jackson Hole this Year
Fighting inflation should not distract policymakers from the need to repair a broken global trading system.
Xi Jinping’s Guns of August
Faced with a crippling pandemic and a spluttering economy, it is no surprise the President Xi is shoring up support via nationalism and claims
Rate Hikes Are Not the Right Answer to “Wage-Price Persistence”
Inflation is not primarily demand-driven, so why destroy demand to deliver lower inflation?
The ECB’s Political Overreach
The ECB risks exceeding its mandate, with potentially grave consequences.
As the World Burns
Even before Russian President Vladimir Putin launched his war against Ukraine and set off a global scramble for fossil fuels, the battle against
Is the US in Recession?
Do not be surprised if, later this month, there is a wave of headlines claiming that the US economy is in recession. But such an assessment
Boris Johnson Leaves Behind a Sterling Mess
Investors appear to view the British pound more like the currency of a troubled emerging market than of a stable advanced economy. And now,
All That Is Solid Melts into Inflation
Policymakers in Western industrialized countries would do well to remember that periods of high inflation historically have led to much bigger