Comment

Inflation targeting was once essential to limit runaway price growth. In today’s inflationless world, however, it is counterproductive. A column by Stephen Roach.

The eurozone may be headed toward a less «Germanic» economic policy. That could enhance the EU’s popularity in the periphery, but might increase resistance to EU membership in Germany. A column by Daniel Gros.

The RMB has recently stabilized, capital flight has dwindled: Beijing's policy of shifting gradually to a market-based exchange rate may have been better executed than generally believed. A column by Anatole Kaletsky.

Trapped in a web of codependency, the US-China relationship has become fraught with friction and finger pointing. In human behavior, the endgame of this pathology is usually a painful breakup. A column by Stephen S. Roach

The EU and the US have finally concluded an agreement on more comprehensive data protection. But this important deal might fail even before the ink is dry. A column by Viviane Reding.

A healthy French economy would do wonders to help lift the eurozone out of its malaise. It could also provide an example to countries everywhere of how inclusive capitalism can work. A column by Kenneth Rogoff.

The House Speaker's forced departure makes it likelier than ever that the US – and the world – will soon face the prospect of another self-inflicted economic shock. A column by Simon Johnson.

Unless there are surprising changes in the US economy, we can expect the Fed to start raising interest rates later this year and to continue raising them in 2016 and beyond. A column by Martin Feldstein.

To avert chaos, Germany has to impose restrictions. An urgently needed step is to develop the capacity to distinguish between politically persecuted refugees and economic migrants. A column by Hans-Werner Sinn.

We need more than corporate apology and regulatory wrist slapping. It is time for a debate about how to craft regulations that provide incentives to achieve economic and social wellbeing. A column by Harold James.

There is simply no reason for the view, often expressed in surveys and appearing in books, that the children of today’s generation will not enjoy a standard of living as high as their parents’. A column by Martin Feldstein.

The career of chess genius Fischer might have ended at a much earlier stage today. We live in a different world. «Pawn Sacrifice» recalls the world in which his feats were possible. A column by Kenneth Rogoff.