International Selection

Thinking in terms of great-power clashes, and sparring over who is the bigger hypocrite, will neither resolve international disagreements nor solve common problems. A column by Harold James.

By saying deficits don't matter, Modern Monetary Theory might lead to unwise political decisions, says economist Miles Kimball, professor at University of Colorado Boulder.

Getting the economy working again offers the best chance to rescue American democracy. The risk of a little higher inflation is no reason to squander the opportunity. A column by Daron Acemoglu.

If the West wants Russia to distance itself from China, it will have to accept Putin as he is – warts and all.  A column by Melvyn B. Krauss.

Inflation is picking up, and the Fed is once again claiming that it is not responsible for that development. But It is not too late to learn from past mistakes. A column by John B. Taylor.

The longer it takes for regulators to act, the harder it will be to get private digital coins under control. A column by Kenneth Rogoff.

Governments have a poor track record of identifying «winners» – be it a company or a category of technology. A column by Anne O. Krueger.

Average fertility rates tend to sink below replacement level in all developed countries, and, over time, gradually falling populations. The sooner that is true worldwide, the better for everyone. A column by Adair Turner.

The combination of highly expansionary fiscal policies and scarring effects could well lead to inflation rates not seen for decades. A column by Charles Wyplosz.

President Joe Biden’s spending plans might create huge deficits that persist long after the economy is back to full employment. A column by Michael J. Boskin.

The debate is one between centrist or center-left technocrats who consider more enforcement resources and higher merger standards sufficient, and New Brandeisians who seek much more. A column by Eric Posner.

Washington's additional «stimulus» had little to no impact on consumption and the overall economy. A column by John B. Taylor.