Capital concerns: What’s the matter with Europe?
The United States has had a much stronger economic recovery than Europe — more than can be accounted for by differences in population growth.
Clash of ideology: A MAGA America would be ugly
Even if Republicans win big in the midterms, it won’t be the end for democracy, although it will be a big blow. And nothing in politics, not even a...
Absence of safety nets: Republicans have no inflation plan
Economic growth has rebounded, back up to 2.6 percent at an annual rate — putting G.D.P. back in line with strong employment growth, which has...
Prediction predicament: Tracking the coming economic storm
The Fed’s rate hikes have indeed led to a sharp fall in applications for building permits. However, construction employment hasn’t yet even begun to...
Exchange dynamics: The mysteries of the almighty dollar
The aura around the power of the dollar revolves around why it remains dominant even though the US economy isn’t. The more puzzling aspect is why...
Europe and the economics of blackmail
The question of how Europe will cope with the hardship many families will face from soaring energy bills looms large. Governments will have to find...
Economic Complexities: Of dictators and trade surpluses
When the invasion began, there were calls for an embargo on Russian exports of oil and gas. In reality, however, Russia has had little trouble...
'Technology cycles' Witnessing the triumph of pessimism
Around 1870, however, the world entered an era of sustained rapid technological development that was unlike anything that had happened before; each...
