The Left and Right Are Wrong About Inequality
The problem isn’t trade or corporations—it’s the monopolization by professional groups of high-profit services.
For some nations, trade and cooperation are becoming less attractive. But the world needs more coordination, not less.
How to Reverse the World’s Trust Deficit Disorder
Public-private partnerships can solve the planet’s most vexing problems—but they need to focus on systemic change rather than single issues to succeed.
5 Takeaways From Trump’s New China Trade Pact
The agreement may help him get reelected, but it’s only a truce, not a free trade deal.
Why Socialism Won’t Work
Capitalism is still the best way to handle risk and boost innovation and productivity.
Can Social Democrats Save the World (Again)?
Communism and democratic socialism won’t heal today’s political divisions. But social democracy—which helped ward off extremism following World War II—could.
Books in Brief
Vaclav Smil’s encyclopedia on growth and new releases on economics in hard times and diplomacy in war zones.
What Explains Trump Pulling the Trigger on Suleimani? It’s the Economics, Stupid.
With the United States now a net exporter of oil, and with Iran’s economy battling historic levels of inflation, Trump held a more favorable set of cards than his predecessors did.
The Global Economy 2020: A Positive Outlook Shadowed by China, Debt, and Trade Tensions
Experts expect growth to rebound, but many of their projections are built on shaky foundations.
The World Didn’t Change Much in 2019. That’s Bad News for 2020.
Several important events occurred this year, but few did anything to significantly alter global trends.
Our Top Stories of 2019
From turmoil in northeastern Syria to censorship in China, here are the stories that caught our readers’ attention this year.
Triumphant Boris Johnson Bucks Pressure to Draw Out Brexit
But by rushing to meet his December 2020 deadline, the British prime minister makes it that much harder to get a good deal.
The Good, the Bad, and the Ugly: Three Takeaways From the Would-Be U.S.-China Trade Deal
At least the United States will avoid more tariffs, but if the deal actually happens it will skirt the real issues and have little to do with Trump’s campaign promises.
Democrats Give Trump a Trade Victory—Even as They Impeach Him
Eager to be seen as doing more than taking down the president, Speaker Pelosi readies a “yes” vote on USMCA.