Iran and Israel have long been locked in a volatile confrontation – a cold war chronically in danger of turning hot.
A Dangerous Dance for Israel and Iran
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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
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?