In 2025, the US government underwent a large fiscal switch. The US Congress enacted large income tax cuts, while the…
In a context of slowing growth and rapid technological change, societies are experiencing increasing unrest and social malaise, with populism…
A key debate surrounding export controls is whether they accelerate innovation in targeted rivals. This column studies this question using…
The digital age has ushered in an era of transformation for money, triggering debates about the role of cryptocurrencies, central…
Geopolitical risks impact firms on both sides of the Atlantic. While the short-term outlook is better than expected, there remains…
Warnings of an AI stock market bubble abound. Should investors and policymakers be concerned? This column argues that innovation-driven bubbles…
For decades, discussions about increasing the EU budget or issuing joint debt have been stymied by mistrust between member states.…
As geopolitical tensions rise, fears of ‘deglobalisation’ have taken centre stage. The US–China trade war, Brexit, and Russia’s invasion of…
The starkly different paths of economic development followed by China and the West leading to the Industrial Revolution is often…
Manufacturing is a locus of innovation, yet standard industry data show manufacturing productivity stagnating in the US. This column argues…