Sadly, principled statesmen and women who can forge bold, morally consistent responses to today’s global problems are in short supply.
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The US Federal Reserve certainly bears its share of responsibility for the great inflation of the 2020s. But powerful political pressures
The International Monetary Fund’s significant downward revision to its 2022 World Economic Outlook, just one quarter into the calendar year,
To keep global warming within 1.5°C, trillions of dollars more will need to be invested in clean energy production and infrastructure every
The net-zero transition requires the rapid development at scale of new technologies, energy-efficient infrastructure, and carbon capture and
Following Russia’s invasion of Ukraine and a resurgence of inflation around the world, the prospects for a robust global recovery from the
Sanctions are an important and powerful weapon, and they are putting some pressure on the Kremlin. But unless the West employs them judiciously,
High inflation demands supply side solutions. The labor force needs to be made more attractive to workers.
Russia has shown that it is ready to murder innocent Ukrainians, but it is not ready to commit suicide. And that holds the key to preventing
After receiving a green light from Chinese President Xi Jinping, Russian President Vladimir Putin launched his war in Ukraine in an effort
Every day, the European Union, the United Kingdom, and the United States send Russia an average of $500 million for oil and gas. But there
By invading Ukraine, Russian President Vladimir Putin is challenging not only that country’s independence but also the broader European
Comparisons between today’s China-US tensions and the Cold War are often superficial and misleading. But reviving the maxim that underpinned
Historically, the Misery Index – the sum of the unemployment and inflation rates – has offered a sound benchmark for assessing an incumbent
The acceleration of US inflation in recent months has led many alarmed observers to point to parallels with the 1970s, when commodity prices
The environment is rarely served by great power politics. China’s territorial ambitions in the South China Sea are hastening the destruction
China is watching the Ukraine crisis closely. It is a test of America’s resolve, and it could have important implications for geopolitical
With the United States and its NATO allies seeking further negotiations to prevent Russia from invading Ukraine, many have been quick to invoke
Forecasting inflation is a staple of macroeconomic modeling, yet virtually all economists’ predictions for the United States in 2021 were
Growth theory doesn’t make for pleasant reading these days. Indications point to challenges ahead.
Demographics are friendly to Democrats. But without safeguards to voting rights, majorities may not matter.
Unlike the US Federal Reserve, the European Central Bank has no fiscal backstop and must worry about the cohesion of the eurozone, in addition
In a pandemic, you can send people all the money in the world and they still won’t go out to dinner or book a flight, especially if those
We are not color blind. We form views on race and inequality that defy statistics and analysis. Overcoming racial inequality will be an enduring