Commentary / World Jul 3, 2023

The American economy is teetering on the edge

The U.S. economic situation is precarious and much will depend on fiscal and monetary policy. Still, many forecasters expect that a minor recession is coming.

Commentary / World May 12, 2023

History repeats in a world of unwelcome replays

From high inflation to a ground war in Europe to widespread technological disruptions, the biggest challenges facing the world today are hardly unprecedented.

Commentary / World Dec 28, 2022

A new year, a new U.S. Congress and new economic risks

Key macroeconomic indicators offer at least a preliminary glimpse of what 2023 may hold in store for the U.S.

Commentary / World Nov 3, 2022

The White House’s adventures in wonderland

Today's fraught geopolitical environment requires more transparency and less spin about the hard choices that governments face.

Commentary / World Jun 26, 2022

It’s the inflation, stupid

Dangerously high inflation has left Americans deeply dissatisfied with the economy and likely to punish the Democrats in this year’s midterm elections.

Commentary / World Apr 28, 2022

West’s failed gamble on Russian and Chinese reform

Russia and China shattered the belief that economic liberalization leads inevitably to greater political freedom.

Commentary / World Feb 25, 2022

Biden’s misery index doesn't bode well for Democrats' political fortunes

Democrats are rightly worried that surging inflation will hurt them in the midterm congressional elections this November — and possibly even in the 2024 presidential election.

Commentary / World Dec 28, 2021

Taxing economic credibility

All political leaders feel pressure to try to circumvent the laws of economics or even the laws of arithmetic — as Biden has done by claiming that his Build Back Better bill costs nothing.