The World Is Winning—and Losing—the Vaccine Race
Immunization to COVID-19 is supposed to solve our problems—but it's starting to trigger even bigger ones.
To Avoid a Coronavirus Depression, the U.S. Can’t Afford to Alienate the World
America needs a cooperative global economy to dig itself out of the downturn. That will require deft economic diplomacy, not bluster and bullying.
Food Price Spikes and Social Unrest: The Dark Side of the Fed’s Crisis-Fighting
Emergency monetary policies produce an unintended consequence: rising food prices around the world.
It’s Time to Help Africa Fight the Virus
The continent is ripe for a public health disaster, and Western powers must step in to prevent another global catastrophe.
Are the Markets Underestimating the Coronavirus Depression?
As we saw during the last financial crisis, the “smart” players aren’t always so smart. One thing we know: The world economy will never be the same.
How Will the Coronavirus Pandemic Reshape the U.S. Election?
A major outbreak and looming recession in the United States has transformed the 2020 campaign—and could have major consequences for the future of great power politics.
Economists on the Run
Paul Krugman and other mainstream trade experts are now admitting that they were wrong about globalization: It hurt American workers far more than they thought it would. Did America’s free market economists help put a protectionist demagogue in the White House?
Does the World’s Longest Undersea Tunnel Have a China Problem?
A Chinese-financed project to connect the Estonian and Finnish capitals has hit a snag as Europe ponders how to deal with Beijing’s economic heft.
Welcome to the World’s Least Ugly Economy
Despite inequality, debt, and a tariff war, the U.S. economy is still the strongest.
Sanctions Are Just the Beginning for Iran
The economic blow to Tehran will be compounded if it fails to comply with global financial transparency rules.
The Ghost of Smoot-Hawley
On the podcast: The United States’ last big trade war was in 1930. It did not end well.
Why Democracy Doesn’t Deliver
Endless elections, unqualified leaders, uninformed voters, and short-term thinking are impeding economic growth.
Why China Will Win the Trade War
Trump thinks he has a strong hand. In fact, Washington is far more vulnerable than Beijing.
Crown Prince of Disorder
Mohammed bin Salman's consolidation of power is making Saudi Arabia a more unpredictable U.S. ally than ever before.
U.S. Losing Legitimacy as Corruption Fighter, Experts Say
Once a shining beacon, the United States now offers an excuse for behaving badly.
German Car Companies Are Driving the Country Off a Cliff
"Made in Germany" used to mean reliability. Now it means collusion.
Germany Has an Arrogance Problem
One country’s moral evangelism is the rest of the world’s intolerable smugness.
Don’t Abdicate America’s Leadership Role at the IMF
Unfortunately, that’s exactly what the Trump administration seems to be doing.