No one should expect the pandemic to alter – much less reverse – tendencies that were evident before the crisis. Neoliberalism will continue its slow death, populist autocrats will become even more authoritarian, and the left will continue to struggle to
detailsEven if Western leaders manage to limit the COVID-19 outbreaks immediate fallout, it will mean little without forward-looking efforts to strengthen liberal-democratic systems from within. Such a failure would could well amount to handing China victory in
detailsThe broad consensus of the COVID-19 era holds that measures to protect public health imply hard trade-offs with economic growth and political liberty.
detailsAfter the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is under
detailsIt is crucial that opposition parties are broadly on board with measures taken to address what seems like a once-in-a-century public-health crisis.
detailsJust two months ago, most people believed that random mass death no longer stalked the Earth. Reconciling ourselves with the reality that it does clarifies much, including how to....
detailsAs the COVID-19 pandemic escalates, China has shifted its propaganda machine into high gear, in an effort to change the narrative about the virus origins and the Chinese response.
detailsFor years, the economics profession has suffered from a stubborn reluctance to adopt a more multidisciplinary approach. But now that the COVID-19
detailsThe more contained you want the novel coronavirus to be, the more you will need to lock down your country – and the more fiscal space you will require to mitigate the deeper recession that will result.
detailsWhile Chinese authorities have been destroying banknotes that have potentially come into contact with the coronavirus, Western countries remain woefully behind not just in their response to the pandemic
detailsBased on Chinas experience with COVID-19, the fiscal cost of comprehensive compensation for lost income could reach 10% of annual GDP, and as much as 25% of GDP in the US and Europe if the epidemic turns out to be worse there, which now looks likely. Thes
detailsThe COVID-19 crisis is an opportunity to call some of the political mistakes of recent years by their name and adjust our trajectory according to the compass of reality.
detailsAlthough there is a general consensus about the biggest threats facing humanity and the planet, the complex links between individual risk categories have so far received too little attention. Any realistic strategy to move toward a more sustainable future
detailsThe COVID-19 crisis has exposed the underlying weaknesses in national economies, health systems, and even political ideologies.
detailsThe COVID-19 outbreaks implications for the global economy are highly uncertain but potentially disastrous.
detailsThe Dandi March, which started 90 years ago, inaugurated Mahatma Gandhis most successful attempt at civil disobedience against the British Raj.
detailsThe COVID-19 crisis is rich in lessons, especially for the United States. One takeaway is that viruses do not carry passports; in fact, they don’t observe national borders – or nationalist rhetoric – at all.
detailsNow that the coronavirus has gone global, markets are swooning and the weaknesses of national health systems are being revealed. Like the slower-moving crisis of antimicrobial resistance, the pandemic should alert governments to the need for significantly
detailsA clear parallel between the growing COVID-19 pandemic and climate change is emerging. In particular, both phenomena highlight the need for much closer forward-looking international cooperation to reduce and manage global threats.
detailsThe panic that often occurs during a health crisis or in the aftermath of a natural disaster can – and has – led to spasms of irrational violence. Lack of truthful public
detailsA foreign policy should be judged not only by specific actions, but also by how a pattern of actions shapes the environment of world politics.
detailsWith politicians proposing policies that would vastly expand the size of the government and its involvement in the economy, it is clear that too many Americans have forgotten the lessons of the twentieth century. As Friedrich Hayek and Milton Friedman poi
detailsPolicymakers and too many economic commentators fail to grasp how the next global recession may be unlike the last two. In contrast to recessions driven mainly by a demand shortfall, the challenge posed by
detailsAt this stage, there is no telling how bad the COVID-19 epidemic will become before the contagion subsides or an effective, widely available vaccine is rolled out.
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