Why would French President Emmanuel Macron risk holding an election that the far right is likely to win?
Why Macron Is Risking an Election
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Theme of the Week
Don’t Believe the AI Hype
Artificial Intelligence is unlikely to revolutionize the economy as much as its proponents would have has believe.
Rough Justice for Trump
Following Donald Trump’s conviction in a Manhattan courtroom, the Wall Street Journal’s editorial board worries that the successful prosecution
What the AI Pessimists Are Missing
Like other disruptive technologies, AI evokes fear. But it has the potential to transform our lives for the better.
Don’t Fret About Green Subsidies
Governments should stop decrying each others’ green industrial policies as norm violations or dangerous transgressions of international
Why Bonds Remain Boring
The bond market has defied the pessimists, with yields remaining relatively low despite massive Federal deficits and debt levels. But there
The Perils of Retirement in America
America’s retirement system is failing. It perpetuates inequality and is unlikely to serve millions of Americans in or nearing retirement.
China’s Rebalancing Imperative
It has been said before and it bears repeating: China must unleash consumption-led growth to rebalance its economy.
Why Is Europe Losing the Productivity Race?
Europe needs to accelerate the adoption of new innovations, ones that can make its economy more productive.
NATO Without America
Can Europe ensure its own security without the US? Not yet.
Solar Geoengineering Is a Dangerous Distraction
At the most recent United Nations Environment Assembly, Africa’s leaders helped shoot down a resolution that called for more research into
When France and Germany Squabble, Putin Rejoices
Following a recent, highly public disagreement, French and German leaders urgently need to get back on the same page. At a time when Europe
The Economic Consequences of Legal Behavior
Many thriving societies, such as Germany and Japan, adhere closely to the letter of the law. However, allowing for a certain degree of latitude
The Untimely Resurrection of the Two-State Solution
A two-state solution is both the ideal and the enigma of the Israeli-Palestine conflict. Is it possible?
Carbon Credits Hold the Key to Combating Deforestation
After 15 years of planning and preparation, Ghana is poised to offer carbon credits to buyers in the Global North, who, facing accusations
Which AI Risks Matter?
Although overly confident predictions about artificial intelligence are as old as the field itself, there is good reason to take seriously
Why Is China Stalling Out?
China’s faltering growth reflects waning confidence in the country’s governing elite.
What Is the Fed Thinking?
The US Federal Reserve has clearly signaled that it is in no hurry to align its policy interest rate with the presumed value of the neutral
American Greatness and Decline
A Trump victory this November would hasten the return of US isolationism and the decline of American hegemony. The roots of American withdrawal
China’s Imagination Deficit
Despite facing a flagging economy, powerful demographic headwinds, and an escalating rivalry with the United States, the Chinese government
A Progressive Green Growth Narrative
Although many countries have the means to direct new investment toward decarbonization and other socially and environmentally beneficial outcomes,
Confronting Our Four Biggest Economic Challenges
Economics has the tools to address climate change, inequality, development and globalization. But it must use them more wisely.
Clarifying America’s Great Inequality Debate
Inequality has become more pronounced in recent decades. It is a function of a dysfunctional economy. Recognition is the first step toward
The Biggest Threats to Global Economic Stability
While the sovereign-debt crisis that is currently unfolding across the developing world may not have the immediate global impact of the 2008-09