A Donald Trump victory in November could devastate democracy, and not just in the US.
The Choice Confronting American Voters
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A New Trilemma Haunts the World Economy
Resetting US-China Economic Relations
The Fed: Set to Fail Conventionally?
The Fed has achieved its dual mandate of price stability and maximum employment. So why will it ease gradually and not all at once?
The US Election Will Overturn Europe’s Strategic Status Quo
Europe needs to take control of its own strategic destiny no matter who wins the US election in November.
America Has No Alternative to Industrial Policy
Gone are the days when US politics was a divide between believers in free markets and those advocating for government intervention. To paraphrase
Analytical Volatility Is Worse than Market Whiplash
The US economic data released in early August triggered a brief but dramatic episode of financial-market volatility.
Is Gross National Happiness the Way Forward?
The idea that GDP is an inadequate indicator of well-being has gained ground in recent years.
Beware of Big Tech Steering AI Regulation
Technological innovation should no longer serve only the interests of a few multinational corporations.
Would Harris or Trump Be Better for the World Economy?
A major uncertainty looming over the global economy is who will be the next US president.
‘Whac-a-Mole’ Economics
Ever since the global financial crisis, politicians have jettisoned economic theory for reflexive solutions to economic challenges. Neither
Why Most Firms Fail to Capitalize on New Technologies
If asked what improvements in transportation would be most useful in 1900, most respondents might have answered: ‘A faster horse.’
America’s Climate Election
The 2024 US election is of paramount importance for US climate policy. But the challenges and policy choices confronting Kamala Harris, should
A Principled and Powerful EU
The EU is facing numerous daunting – even existential – challenges.
The Dollar Is Everyone’s Problem
In recent decades, the US Federal Reserve’s monetary policy disproportionately affected emerging-market and developing economies.
Weighing Up AI’s Climate Costs
If we play our cards right, AI may well prove to be our ace in the hole in the fight against climate change.
The Fed’s Awkward Dismount
Fed Chairman Powell was poised to be hailed as the central bank gold medalist who stuck the soft landing. Has this changed?
To Preserve Democracy, Tax the Rich
According to a recent United Nations report, 71% of the world’s population now live in countries where inequality has increased.
How to Create More Good Jobs
In many countries, innovation and good jobs have become increasingly concentrated in a few places.
The Rule of Law Is Coming for Putin
The Council of Europe, often criticized for being overly cautious, is flexing its muscles.
Building Up, Breaking Down
Driving 30,000 miles around the United States is a good way to be reminded of some of life’s most important lessons.
Immigration Does Not Start at the US Border
The American public does seem to understand that immigration does not start at the US border.
The Factors Behind US Investor Confidence
US stock markets have remained bullish in the face of deepening domestic and international risks, owing to three key factors. But with two
The Supreme Court Just Sabotaged the US Economy
Contrary to conventional wisdom, the Supreme Court’s reversal of the four-decade-old “Chevron deference” doctrine is potentially one