Unprecedented extreme-heat episodes like the heatwave in India and Pakistan this spring and the 2021 heat dome in the Pacific Northwest are
Surviving a Future of Extreme Heat
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How Global Food Crises Work
As if the immediate food shortages created by Russia’s war in Ukraine were not bad enough, the disruption to this year’s harvest means
Realizing Africa’s Sustainable Energy Future
Without international support, including investment at scale, African countries will not be able to expand energy access to all and still
Kofi Annan’s Lessons in Global Leadership
Sadly, principled statesmen and women who can forge bold, morally consistent responses to today’s global problems are in short supply.
The Fed Does Not Deserve All the Inflation Blame
The US Federal Reserve certainly bears its share of responsibility for the great inflation of the 2020s. But powerful political pressures
The Growth Engines Are Sputtering
The International Monetary Fund’s significant downward revision to its 2022 World Economic Outlook, just one quarter into the calendar year,
Public-Private Decarbonization
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 Carbon Price Solution
The net-zero transition requires the rapid development at scale of new technologies, energy-efficient infrastructure, and carbon capture and
Storm Clouds Over the Global Economy
Following Russia’s invasion of Ukraine and a resurgence of inflation around the world, the prospects for a robust global recovery from the
How to Sanction a Nuclear Foe
Sanctions are an important and powerful weapon, and they are putting some pressure on the Kremlin. But unless the West employs them judiciously,
Fight Inflation with Supply-Side Labor Reform
High inflation demands supply side solutions. The labor force needs to be made more attractive to workers.
NATO Must Get MAD at Russia
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
Vladimir Putin and the Risk of World War III
After receiving a green light from Chinese President Xi Jinping, Russian President Vladimir Putin launched his war in Ukraine in an effort
Stop Financing Putin’s War
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
Russia’s Stolen Future
By invading Ukraine, Russian President Vladimir Putin is challenging not only that country’s independence but also the broader European
The Trust-but-Verify Path to Net Zero
Comparisons between today’s China-US tensions and the Cold War are often superficial and misleading. But reviving the maxim that underpinned
Biden’s Misery Index
Historically, the Misery Index – the sum of the unemployment and inflation rates – has offered a sound benchmark for assessing an incumbent
America’s Not-So-Great Inflation
The acceleration of US inflation in recent months has led many alarmed observers to point to parallels with the 1970s, when commodity prices
The South China Sea’s Environmental Crisis
The environment is rarely served by great power politics. China’s territorial ambitions in the South China Sea are hastening the destruction
How China Views the Ukraine Crisis
China is watching the Ukraine crisis closely. It is a test of America’s resolve, and it could have important implications for geopolitical
A Whiff of Munich
With the United States and its NATO allies seeking further negotiations to prevent Russia from invading Ukraine, many have been quick to invoke
Why Did Almost Nobody See Inflation Coming?
Forecasting inflation is a staple of macroeconomic modeling, yet virtually all economists’ predictions for the United States in 2021 were
Regime Change in the Global Economy
Growth theory doesn’t make for pleasant reading these days. Indications point to challenges ahead.
America’s Democratic Future
Demographics are friendly to Democrats. But without safeguards to voting rights, majorities may not matter.