Scottish advocates of leaving the United Kingdom need a plan for a new currency and an independent central bank...
detailsIf Japans new prime minister, Yoshihide Suga, wants to emerge from the shadow cast by his predecessor, he will need to devise a compelling message
detailsFirms that manage to survive until an effective COVID-19 vaccine is widely available will have a bright future but weak balance sheets. Innovative new private-equity funds, modeled on US special-purpose acquisition companies, could provide much-needed cap
detailsAlthough it can be politically expedient to draw a thick line between capitalist decentralization and socialist central planning, the truth is that these two systems have converged on many occasions...
detailsWhen history becomes worth fighting over, it begins to exist. And, crucially, the fight is now occurring in the mainstream of American media, politics, and culture
detailsLife is not the Olympics, where talent and training determine an athlete’s performance. It’s more like a Roman arena in which well-armed gladiators vanquish unarmed ...
detailsEven if the latest scandals in banking reveal nothing new about the financial industrys ethical standards, they have put a spotlight on a bigger emerging problem the complicity of law enforcement agencies in white-collar crime.
detailsAs global temperatures rise and demand for air conditioning and refrigeration soars, all countries must adopt common-sense initiatives to make cooling more efficient...
detailsAs we all know now, hand washing is one of the best frontline defenses against the virus that causes COVID-19. Yet three billion people...
detailsThe international trade regime we now have, expressed in the rules of the World Trade Organization and other agreements, is not of this world...
detailsWill Donald Trumps presidency mark a major turning point in world history, or was it a minor historical accident? Trumps electoral appeal may turn on domestic politics...
detailsMany of the failures of GDP as a measure of economic performance are well known. Policymakers in search of an alternative should recognize the far-reaching power of healthy life expectancy as a measure
detailsPolicymakers and the public at large understand the importance of innovation to economic growth and well being.
detailsAlthough robots that can perform human labor will put downward pressure on wages in the short term, they also will increase the rate of profit, encouraging more investment and a recovery in the wage rate....
detailsThe world is increasingly obsessed with the ongoing power struggle between the US and China. But the technology-driven shift of power away from states to transnational actors....
detailsThe COVID-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind. A recent report from the G30 argues that if central banks want to shape the outcome, they need to start thinking fast.
detailsBy laying the constitutional groundwork to remain president for life, Vladimir Putin is engineering a further “Francoization” of his regime. But while Francisco Franco at least had a successor in King Juan Carlos, Putin has no such thing. which could spel
detailsOne must hope that China and the United States will eventually arrive at an understanding that great-power competition does not preclude cooperation to resolve major global challenges.
detailsGlobalization has given rise to legitimate frustrations and concerns, which can’t be assuaged simply by recalling the enormous benefits it has brought.
detailsDuring the 2009 swine flu pandemic, a few countries cornered the vaccine market, leaving the vast majority of the global population with no vaccine at all until the outbreak was effectively over.
detailsThe COVID-19 pandemic has exposed many flaws in advanced economies, not least the fact that inequality can be deadly. The case for giving all citizens a capital endowment – reflecting both their inalienable dignity and society’s return on its public inves
detailsUS President Donald Trumps most trenchant critics are not to be found on the political left. The most effective assaults are coming from the political right, where "Never Trumpers"...
detailsIf Joe Biden defeats Donald Trump in November, the question he will face is not whether to restore the liberal international order. It is whether the US can work with an inner core of allies to promote democracy and human rights while cooperating with
detailsGiven that the COVID-19 crisis demands unprecedented levels of stimulus spending, policymakers should use the occasion to adopt a more flexible form...
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