Anatomy of the Coming Recession

There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two...

Social Policy Starts at Home

Political economy has come a long way. Many figures and institutions that have long embraced neoliberalism increasingly recognize the failures of markets and acknowledge...

Right Response to the Libra Threat

Facebook’s plan to launch a new digital currency, Libra, within a year has won few friends. Regulators, policymakers, and academics reacted to the news...

Can Ethics Be Taught?

Can taking a philosophy class, more specifically a class in practical ethics, lead students to act more ethically? Teachers of practical ethics have an obvious...

ECB Loosening Is Not Enough

If indications of disappointing economic growth in the eurozone are confirmed, the European Central Bank will loosen monetary policy further in September. Last week,...

Squandering the Techno-Revolution

Public discussion of the effects of automation and artificial intelligence (AI) often focuses on the productivity benefits for companies and the economy, on the...

A Reform Opportunity for the IMF

This month marks the 75th anniversary of the signing of the Bretton Woods agreement, which established the International Monetary Fund and the World Bank....

Tackling Inequality is a Political Choice

The world has made impressive strides in reducing extreme poverty, but that progress has slowed considerably in recent years. The problem is clear: eliminating...

Does the G20 Still Matter?

When the G20 leaders held their first summit in late 2008, many welcomed what looked like a diverse, highly representative new forum for crafting...

Getting to Net-Zero Emissions

The leaders of the G20 countries headed to Osaka at the tail-end of June for their annual summit. United Nations Secretary-General António Guterres addressed...

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