The US economic data released in early August triggered a brief but dramatic episode of financial-market volatility.
Latest Articles
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
Patriotic Grift
US President Joe Biden has declined the Democratic Party’s presidential nomination.
Why Are Stocks, Gold, and the Dollar Surging?
The US stock market has been on a tear over the past two years.
Biden Rejects the Drug of Power
By stepping aside to let a younger candidate take over, Biden has prioritized America’s interests over his own desire to lead.
The Trump Shooting Reveals the Hallmarks of American Political Violence
Europe is no stranger to political violence like the recent attempt on Donald Trump’s life at a campaign rally in Pennsylvania.
The Coming US Tax Battles
The controversial 2017 Tax Cuts and Jobs Act will expire next year, spurring heated fiscal debate.
The Way Forward for Ukraine’s Economy
With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor.