Dec 31st 2021 Comment The Ghost of Christmas Inflation Supply-oriented policy is needed to meet demand without driving up prices, to reduce the need for social spending, and, indirectly, to boost tax revenues without a larger tax base. A column by John H. Cochrane.
Dec 30th 2021 Comment Taxing Economic Credibility Political leaders feel pressure to try to circumvent the laws of economics, even the laws of arithmetic. The resulting erosion of credibility eventually comes back to haunt them all. A column by Michael J. Boskin.
Dec 29th 2021 Comment How Erdonomics Sank Turkey As long as Erdoğan calls the shots and persists on his current course, the outlook for Turkey’s economy, and for Turkish households’ well-being, will continue to darken. A column by Anne O. Krueger.
Dec 28th 2021 Comment Rebuilding the Infrastructure of Sino-American Relations Managing the unfolding long-term competition between China and the US will require patience. A single virtual summit is not enough to inspire hope for more stable bilateral relations. A column by Minghao Zhao.
Dec 27th 2021 Comment GDP’s Days Are Numbered Alternative approaches to assessing and measuring the economic success of a community or country are needed. But that takes time. A column by Diane Coyle.
Dec 24th 2021 Comment Putin’s Ukraine Formula A full-scale Russian invasion would lead to a conflict that, whatever the original intention, is bound to spill over Ukraine’s borders. If that happened, all options would be on the table for Nato. A column by Carl Bildt.
Dec 23rd 2021 Comment The Case Against Green Central Banking The effects of climate change will complicate central banks’ pursuit of price- and financial-stability mandates. They don't need additional objectives on their limited instruments. A column by Willem H. Buiter.
Dec 22nd 2021 Comment Multilateralism’s Secret Sauce Governments should focus on how the current problem of climate change can be measured, rather than on how it originated. A column by Harold James.
Dec 21st 2021 Comment Debt-for-Climate Swaps Make Sense An ambitious «Green Brady Deal» could mobilize public and private flows for climate finance in countries suffering from both high debt and climate risk. A column by Beatrice Weder di Mauro.
Dec 20th 2021 Comment The Big Issues for 2022 Central bankers have no better idea than you or I do about whether inflation will last. But even if it were transitory, the justification for a generous monetary policy is increasingly dubious. A column by Jim O’Neill.
Dec 16th 2021 Comment The Conservative Central Banker Returns The inflation of the 1970s started with production bottlenecks and rising energy prices; policymakers spent too long hoping this would remain transitory. That lesson has to be relearned. A column by Daniel Gros.
Dec 15th 2021 Comment Putin’s Last Gasp? Russia’s mistake in 1904 was that it did not take Japan seriously as a military power. A 2022 Russo-Ukrainian war could prove to be an even bigger folly. A column by Anders Åslund.