OPINION

The False Choice Between Neoliberalism and Interventionism

WASHINGTON, DC –To intervene or not to intervene. That has been a central debate about the state’s role in the economy at least since the eighteenth century. Over the past 40 years, the United States and other Western liberal democracies have championed free markets, free trade, and a limited role …

Read More »

Tax the Rich to Save the Planet

STOCKHOLM – The Intergovernmental Panel on Climate Change (IPCC) has issued a final warning to humanity: unless we halve greenhouse-gas (GHG) emissions by 2030, we will have no chance of capping global temperatures at 1.5° Celsius above pre-industrial levels. Achieving that target will be extremely challenging, but it is both possible and …

Read More »

Who Gets Squeezed by Austerity?

WASHINGTON, DC – When Edmundo, a waste picker in Peru, caught COVID-19, he had to take out a bank loan to pay for his visit to the clinic. Many of his colleagues also fell ill and subsequently went into debt, desperately seeking loans, emptying their savings, and selling their land …

Read More »

How Governments Can Reach Those Furthest Behind First

NEW YORK – We are at the halfway point for implementing the Sustainable Development Goals (from 2015 to 2030), but we are not halfway to achieving them. In fact, in many critical areas – from poverty to food security – progress has been reversed in recent years, owing to severe and compounding crises. In …

Read More »

Why the War Will Continue

MUNICH – In the year since Russia launched its full-scale invasion of Ukraine, the war has evolved in ways few predicted. The conventional wisdom was that Russian forces would quickly overwhelm the overmatched Ukrainians and take possession of much more of the country than they gained in 2014. Others went …

Read More »

China Is Dying Out

MADISON, WISCONSIN – China’s population decline, which the Chinese government officially confirmed in January, has led many observers to wonder if the country’s current demographic trends threaten its stability. According to the National Bureau of Statistics, China’s population shrank last year for the first time in 60 years, nine years earlier than government projections …

Read More »

What’s Wrong with ChatGPT?

CAMBRIDGE – Microsoft is reportedly delighted with OpenAI’s ChatGPT, a natural-language artificial-intelligence program capable of generating text that reads as if a human wrote it. Taking advantage of easy access to finance over the past decade, companies and venture-capital funds invested billions in an AI arms race, resulting in a technology that …

Read More »

For the Common Good

LONDON – After leaders of government, business, and civil society met at this year’s World Economic Forum meeting in Davos, the observation that we are living in the age of a “polycrisis” has spread. The simultaneous occurrence of multiple catastrophic events is a cornerstone of today’s socioeconomic and geopolitical climate. …

Read More »

Is China Back?

WASHINGTON, DC – When President Joe Biden took office in 2021, his first message to the rest of the world was: “America is back.” Having assumed his third term as general secretary of the Communist Party of China (CPC) in October, President Xi Jinping appears to be issuing a similar …

Read More »