Climate change is forcing the understanding that free market, libertarian ideals of human self-interest are incapable of addressing the life
Climate Change and Collective Will
Continue Reading
Latest Articles
Who Needs a New Economic Paradigm?
Demand for new economic paradigms is fast outrunning supply.
Is Capitalism Really the Cause of Global Inequality?
In recent years, Western observers have increasingly treated inequality as a domestic issue.
Hurricanes and the US Presidency
Two years ago, Asheville NC was viewed as a climate haven. Two weeks ago it was almost washed away from Hurricane Helene. No one seeking the
The Global Implications of China’s Stimulus Package
China’s newly announced stimulus aims to boost liquidity, stimulate consumer spending, and revitalize the real-estate sector.
America’s Protectionist Policies Are Backfiring
The US and its allies would be wise to abandon unilateralism and pursue coordinated multilateral measures.
A Dangerous Dance for Israel and Iran
Iran and Israel have long been locked in a volatile confrontation – a cold war chronically in danger of turning hot.
The Debt That Shall Not Be Named
Neither presidential candidate wants to address the national debt. But as president, they must.
The New Gang of Four
The 21st century is becoming an era of great power rivalry. Shifting alliances will test US diplomacy and might.
Will the EU Heed Draghi’s Call for Integration?
Europe needs greater economic and political integration if it is to rise to the challenges of this century. But can it respond?
Are Consumers Being Ripped Off?
Many Americans are frustrated with an economy that by most measures is actually doing pretty well — the explanation may lie in rising
Abortion and Reproductive Rights Are Economic Issues
In the United States and elsewhere, reproductive freedom is a cornerstone of economic prosperity.
Where Is the War in Ukraine Heading?
With Russian President Vladimir Putin’s war of aggression against Ukraine now well into its third year, there are mounting questions about
Financing Nature
As last year’s United Nations Climate Change Conference in Dubai made clear, we are headed toward a catastrophic and irreversible breakdown
A New Trilemma Haunts the World Economy
Can the world simultaneously address climate change, alleviate poverty, and boost the middle class? Maybe not, but it is worth trying.
Resetting US-China Economic Relations
International economic cooperation is vastly underestimated and occasionally necessary. The US and China need to find ways to cooperate.
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