International Selection

Rather than build a system where a large fraction of the population receives handouts, we should be adopting measures to encourage the creation of «middle-class» jobs with good pay. A column by Daron Acemoglu.

The idea that economic expansions have some kind of natural lifespan and then die of old age has neither empirical nor theoretical support. A column by Anatole Kaletsky.

Technology is reviving the twentieth-century dream of a global monetary system. The key to realizing it is to sever the link between money and the nation-state. A column by Harold James.

Does the credible threat of extreme responses from the Fed mean that it does not actually have to repeat the Volcker-era policy, should inflation rates rise? A column by Robert J. Barro.

Washington’s hope is that its Peace to Prosperity proposal will help establish peace between Israel and its neighbors. Palestinians can start to consider the economic potential of peace. A column by Michael J. Boskin.

Russia’s economy is on track either to stagnate further or to enter a mild recession. It has lost its past sources of growth and the government shows little inclination to develop new ones. A column by Vladislav Inozemtsev.

Prolonging the current expansion will require great care. Policymakers need to avoid big mistakes, minimize the risk of market accidents an do more to promote growth. A column by Mohamed A. El-Erian.

There are two options for Berlin's energy strategy: Either to convert coal-fired power plants into gas plants or to buy foreign nuclear power, perhaps even to build new nuclear power plants. A column by Hans-Werner Sinn.

Danielle DiMartino Booth, CEO of Quill Intelligence and former analyst at the Federal Reserve Bank of Dallas, talks with «Finanz und Wirtschaft» about the current problems of monetary policy.

Creating a society powered by shared prosperity will require urgent action to align technology with workers’ needs, prevent monopolization, and fix the tax code. A column by Daron Acemoglu.

While AMLO poses a threat to Latin America’s second-largest economy, Mexico, Bolsonaro is jeopardizing its largest, Brazil. A column by Kenneth Rogoff.

Central bankers are pondering the climate issue. First, they ought to explain why doing so is consistent with their mandate. Furthermore, they should not put their independence at risk. A column by Barry Eichengreen.