Economics

A photo proof from the Toronto Star archives of John Kenneth Galbraith 
on Dec. 29, 1972.

America Abandoned Its Economic Prophet. The World Embraced Him.

John Kenneth Galbraith was an intellectual celebrity 50 years ago—and it would be a mistake to ignore him today.

A pedestrian walks past a “Welcome to Little Britain” poster in Manchester on Jan. 5.

We’re All Brexiteers Now

A look at Swiss politics shows that Euroskepticism is in the United Kingdom to stay.

Chinese President Xi Jinping prior to a meeting at the Diaoyutai State Guesthouse in Beijing on June 21.

China Is an Economic Bully—and Weaker Than It Looks

The world doesn’t have to put up with Beijing’s attempts at economic coercion.

A dog sits in the window of a local convenience store in Beijing on Dec. 16.

The Pandemic Remade the Chinese Economy

Other countries should prepare now for their own reformations.

Sailors standing on the deck of a warship at a parade during the Turkish International Ceremony at Mehmetcik Abidesi Martyrs Memorial near Seddulbahir Turkey on April 24, 2015.

Turkey’s Year of Living Dangerously

Turkey took its expansionist vision to new heights in 2020—but with a battered economy, growing opposition, and now U.S. sanctions, it’s not clear how long that can continue.

U.S. President-elect Joe Biden at the Queen theater in Wilmington, Delaware, on Dec. 19.

Why Biden Needs to Confront Corruption

If the U.S. president-elect is serious about restoring the rule of law and democracy, he needs to first tackle the global menace of graft.

A woman walks past a mural of iron ore miners in Algrange, France, on Feb. 14, 2017.

How to (Finally) Defeat Populism

Rust Belts exist around the world, and integrating them into the larger trans-Atlantic community is key to political stability.

Iran's President Hassan Rouhani and Chinese President Xi Jinping at a meeting of the Shanghai Cooperation Organization in Bishkek, Kyrgyzstan on June 14, 2019.

China Won’t Rescue Iran

Despite reports of a major Chinese-Iranian trade deal, Beijing won’t jeopardize the possibility of better relations with Washington in order to cozy up to Tehran.

British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen after Brexit talks at EU headquarters in Brussels on Dec. 9.

Why the World Should Root for the EU in Brexit Talks

If Brussels folds, it will mark the end of the last, best hope for stopping a race to the bottom.

Cargo truck drivers line up to cross into the United States in Tijuana, Mexico, on June 6, 2019.

2021 Could Be the Year of Free Trade

The Free Trade Area of the Americas has spent years on the back burner, but Biden could revive it when he takes office.

Street art on a section of the former Berlin Wall shows U.S. President Donald Trump and Chinese President Xi Jinping, on April 26 in Berlin.

The Trump State Department’s Swan Song? A Strange, Flawed China Paper.

The U.S.-China conflict may be the defining 21st-century challenge, but the recommendations stand out by what they fail to address.

National Security Advisor nominee Jake Sullivan speaks after being introduced by President-elect Joe Biden at the Queen Theatre in Wilmington, Delaware, on Nov. 24.

Report Sheds Light on How Biden’s Future NSC Chief Wants to Reshape U.S. Foreign Policy

Jake Sullivan spent several years working on a less ambitious approach to U.S. global interests that could disappoint both internationalists and progressives.

Indian Prime Minister Narendra Modi and Chinese Premier Li Keqiang during the Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok on Nov. 4, 2019.

Cutting Through the Hype on Asia’s New Trade Deal

The RCEP truly is a China-style trade agreement: platitudinous and ineffective.

Turkish President Recep Tayyip Erdogan delivers a speech against a background of banknote during the Annual Evaluation Meeting at the Bestepe National Congress and Culture Center in Ankara on Jan. 16.

Erdogan’s Economic Hail Mary Won’t Work

Turkey’s problem is the president himself; improvement won’t come until he leaves.

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