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With the end of post-1990s hyper-globalization, scenarios for the world economy run the gamut. In the best case, achieving a better balance

To understand the increase in consumer price inflation around the world, one must look not only at supply and demand but also at the wedge

By calling for supply chains to be shifted away from strategic rivals, US Secretary of the Treasury Janet Yellen has implicitly rejected the

Although inflation has risen sharply for multiple reasons, increased demand is by far the most important factor. The common argument about

The US-China trade war and the recent freezing of much of Russia’s official foreign-exchange reserves have again raised fears of an exodus

Regardless of whether America’s persistent current-account deficits really can be explained primarily by the accumulation of excess

Many academic studies suggest that sanctions on China or a break in Sino-American economic ties probably would have a smaller quantitative

In the wake of Vladimir Putin’s invasion of Ukraine, no European in their right mind wants Russia to have the free cash flow that its

Madeline Albright made it her life’s work to fight for women.

As the conflict in Ukraine escalates, the growing calls to tighten the economic blockade against Russia are perhaps understandable. But China

Russia’s military assault on Ukraine caps a period of political attacks on democracy around the world. One must therefore hope that the

In a world of sovereign states, foreign-policy decisions naturally should account for national interests and the broader balance of power.

It is not difficult to fathom why the United States’ central bank is especially resistant to any quantum change in the existing financial

Modern Monetary Theory (MMT) is misunderstood by its defenders and detractors. Elements of it can be useful, others are dangerous.

Although France and Germany are more reliant on each other than ever, the two heavyweights at the heart of Europe still have vastly different

A successful global trading system requires good faith actors. In recent years, the US has undermined its standing by acting in bad faith.