International Selection

The extremism of the Republicans creates an opening for Democrats to form a broader coalition. But to do that, Democrats themselves need to avoid obviously divisive positions A column by Daron Acemoglu.

Governments in the EU protect workers from the bulk of higher energy costs, in exchange for workers moderating their wage demands. A column by Daniel Gros.

The case for a new Middle East strategy focused on diplomatic and economic engagement is strong. Biden must frame the shift as part of a larger strategy for winning the new cold war with China. A column by Minxin Pei.

The main reason why the dollar’s rule lives on despite what is happening in the US and the world is simply that there are no significant strategic alternatives to it. A column by Jim O’Neill.

History is replete with examples of high inflation driving systemic breakdowns. By breeding uncertainty, inflation can easily destroy large, complex political entities. A column by Harold James.

The West cannot influence its trading partners’ political trajectories. It also needs to ensure that corrupt, authoritarian regimes do not influence its own politics. A column by Daron Acemoglu.

Despite the unfavorable economic consequences, we should expect geopolitics-driven disengagement to continue. A column by George Magnus.

Refusing to engage with Russian culture will not change Putin’s calculations. What it will do is cut off a potential source of information about his objectives and motivations. A column by Nina L. Khrushcheva.

In the longer term, energy prices look set to rise unless investment picks up sharply, which seems unlikely given current policy guidance. A column by Kenneth Rogoff.

Don’t fight the Fed. The dollar’s exorbitant privilege as the world’s reserve currency is never clearer than during times of war. A column by Stephen S. Roach.

President Joe Biden ought to follow the path that Bill Clinton took after the Democrats’ crushing defeat in the 1994 midterms, when his administration moved to the center. A column by Michael J. Boskin.

The mechanisms that led to the tortilla crisis in 2007 are still intact: To this day, land that once was used to grow crops for food is used to produce biofuels. A column by Hans-Werner Sinn.