今年夏天,美元表現出一飛沖天的態勢。日圓和歐羅兌美元已跌至20年來的最低水平;歐羅的價值長期超過一美元,但現在 ...全文
名家論壇Project Syndicate2022年09月14日
The US dollar has been on a tear this summer. The Japanese yen and the euro have fallen to their lowest levels against the greenback in two decades; the euro, long worth more than one dollar, is now h ...More
EJ Insight2022-09-02
石油、礦物和農產品價格的大幅波動,是過去幾年最為突出的經濟發展事態之一。在這一時期的大部分時間中,大宗商品價格 ...全文
名家論壇Project Syndicate2022年09月01日
Big movements in the prices of oil, minerals, and agricultural commodities have been among the most salient economic developments of the past couple of years. The sharp rise in commodity prices for mu ...More
EJ Insight2022-08-24
7月28日,美國經濟分析局(United States Bureau of Economic Analysis ...全文
名家論壇Project Syndicate2022年08月17日
On July 28, the United States Bureau of Economic Analysis (BEA) will release its advance estimate of second-quarter GDP growth. The impending announcement has observers on the edge of their seats, wit ...More
EJ Insight2022-07-20
Leading economies have been afflicted with new problems over the past year. The United States is struggling with both supply-chain blockages and a critical shortage of baby formula. The European Union ...More
EJ Insight2022-06-21
The surprising potency of the multilateral sanctions imposed on Russia has been exceeded only by that of Ukrainians’ resistance to Russia’s invasion of their country. True, it is difficult to imagine ...More
EJ Insight2022-03-21
In 1955, then-US Federal Reserve Chair William McChesney Martin famously said that the Fed’s job was to take away the punch bowl “just when the party was really warming up,” rather than waiting until ...More
EJ Insight2022-02-25
As Russia masses troops along its border with Ukraine, fears of an invasion are mounting. The United States has warned that Russia would pay a heavy price, exacted first and foremost through economic ...More
EJ Insight2021-12-23
El Salvador this month became the first country to adopt a cryptocurrency – in this case, Bitcoin – as legal tender. I say the first, because others might follow. But they should think twice, because ...More
EJ Insight2021-09-27
On May 14, 1962, the agriculture commissioner of Montana, Lowell Purdy, launched what would become one of the century’s great platitudes. “If we can put a man on the Moon,” he declared, seven years be ...More
EJ Insight2021-07-26
變種新冠病毒在全球不斷蔓延,威脅經濟復甦前景,美國10年期債息周一瀉至最低1.128厘的2月以來低位,市場對聯 ...全文
“There are three kinds of lies,” Mark Twain famously wrote. “Lies, damned lies, and statistics.” Too often, the COVID-19 crisis has lent support to the suspicions Twain’s bon mot expresses. Data are c ...More
EJ Insight2021-05-27
The United States and the world entered recession a year ago. Normally, economists can’t predict the onset of a downturn. But because this recession stemmed from the COVID-19 pandemic, they could reli ...More
EJ Insight2021-03-26
In a few days, Americans will choose a president. Opinion polling suggests that voters favor former Vice President Joe Biden when it comes to social policy, foreign policy, the environment, and managi ...More
EJ Insight2020-10-27
The price of gold reached an all-time high of $2,000 per ounce in early August. And while mainstream economists have treated gold as a sideshow since the world abandoned the gold standard in 1971, thi ...More
EJ Insight2020-08-24
The World Bank’s International Comparison Program has just released its latest measures of price levels and GDP across 176 countries, and the results are striking. For the first time ever, the ICP fin ...More
EJ Insight2020-05-29
Events like the Covid-19 pandemic, the US housing market crash of 2007-2009, and the terrorist attacks of Sept. 11, 2001, are often called “black swans”. The term is meant to suggest that no one could ...More
EJ Insight2020-03-30
At the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9 percent to 2.3 percent in the United States, and from 3.6 percent to 2 ...More
EJ Insight2020-02-25