Pandemic control and gun control offer important, and overlapping, lessons.
Theme of the Week
Market fundamentals are shifting from tailwinds to headwinds. Investors ought to prepare for more volatile conditions.
The dramatic securities fraud trial of Elizabeth Holmes is front and center in the news. Yet, it is just another episode in the long history
The Fed at risk of losing their credibility as guarantors of price stability unless they now respond to inflation.
For decades, the Japanese government has amassed more and more debt without triggering higher borrowing costs or inflation. But there is no
Economists have long know that Gross Domestic Product (GDP) is a poor representation of society’s well-being. Promising alternatives are
Success in achieving net-zero emissions requires broad buy-in from the entire private sector, not just publicly listed companies. Fortunately,
Digital payments and financial transactions hold the promise of greater convenience, stronger competition, and increased savings to society.
Addressing climate change is vital. But so too is sound central banking. Keeping those tasks separate is best.
We must address climate change with urgency, but also with political realism so we don’t otherwise lose the battle before we get effectively
Sustainable growth is not an oxymoron, but it is an aim that requires both markets and social awareness.
Today we are confronted by rapid change and fundamental, even existential, challenges to overly complex systems — only more flexible thinking
Addressing climate change requires resiliency and sacrifice. Both are in short supply, suggesting that required changes will be delayed, imposing
Under Nehru India was famously non-aligned. Under Modi it remains so. But India is now prepared to use shifting alliances to pursue its strategic
Bitcoin is a libertarian gimmick. Much needed restoration of faith in public finance and fiat money remains the best way to achieve financial
Chinese President Xi Jinping’s effort to control China’s private sector is agreeable in its stated intentions, but questionable in its
Having built its wealth by pumping hydrocarbons out of the seabed, Norway has an obligation to leverage the power of its massive sovereign
More than anything, the world needs faster productivity growth. It might just be happening.
As more commentators warn of a coming military conflict between the United States and China, it is easy to believe that war is inevitable.
In America, guns and taxes are unavoidable. If we are to address the true cost of guns, it is time to tax them.
China’s leadership is asserting itself. When politics and economics clash, politics often wins—to the detriment of economics and investing.
Given the unprecedented nature of the COVID-19 pandemic and its effects on labor markets, there is a spirited debate over whether the US economy
Population growth and economic expansion are on a trajectory to overwhelm nature, leading to biodiversity collapse.
The US founding fathers were flawed. Yet in words, deeds and law they created platforms for human aspiration. That legacy is invaluable.