Four months into the invasion of Ukraine, the Russian army continues to grind its way relentlessly through the Donbas region. Some Western commentators are calling for more weapons to be supplied fast ...More
EJ Insight2022-07-06
Who would want to be responsible for monetary policy in 2022? To judge from the fierce economic and political debates underway around the world, it is as though open season has been declared on centra ...More
EJ Insight2022-07-01
The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policymakers, investors, and households now asking how much they should revise their expectations ...More
EJ Insight2022-06-30
The world is facing a triple crisis of food, energy, and water scarcity. While its immediate triggers were the COVID-19 pandemic and the Ukraine war, its roots run much deeper: a culture of relentless ...More
EJ Insight2022-06-29
There has been much talk lately of a return to 1970s economic conditions. Here in the United Kingdom, year-on-year inflation reached 9.1% in May, and disruptive labor strikes are dominating the headli ...More
EJ Insight2022-06-28
In July 2021, the European Commission did something that no other major governing body had ever attempted: It tied trade policy to climate policy. Reaching the European Union’s goal of cutting net gre ...More
EJ Insight2022-06-27
Human-induced climate change is causing dangerous and widespread environmental disruption and affecting the lives of billions of people around the world. According to the Intergovernmental Panel on Cl ...More
EJ Insight2022-06-23
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
I spend most days advocating for action that could be considered radical. But today, I am advocating for plain common sense. In March, the US Securities and Exchange Commission proposed a new rule tha ...More
EJ Insight2022-06-21
The United States appears to have entered a new cold war with both China and Russia. And US leaders’ portrayal of the confrontation as one between democracy and authoritarianism fails the smell test, ...More
EJ Insight2022-06-20
Just as one generation gives way to the next, global challenges are superseded by a new cohort. The once-in-a-century COVID-19 pandemic – and the risk that other dangerous new viruses may emerge at an ...More
EJ Insight2022-06-17
When Russian President Vladimir Putin ordered his invasion of Ukraine on February 24, he envisaged a quick seizure of Kyiv and a change of government analogous to Soviet interventions in Budapest in 1 ...More
EJ Insight2022-06-17
In its most recent assessment, the Intergovernmental Panel on Climate Change offered a comprehensive outline of what it will take to keep global warming below 1.5° Celsius, relative to pre-industrial ...More
EJ Insight2022-06-16
What policy will the US Federal Reserve announce after the Federal Open Market Committee’s two-day meeting this week, and what policy should it announce? The first question is easy: There is a high pr ...More
EJ Insight2022-06-15
Russia’s war on Ukraine shows no sign of ending, but it is not too soon to start thinking about how to ensure postwar Ukraine’s stability, prosperity, and security. Already, two discussions are occurr ...More
EJ Insight2022-06-14
Major central banks have lost the plot when it comes to fulfilling their price-stability mandates. In April, 12-month US consumer price index (CPI) inflation was at 8.3%, down slightly from 8.5% in Ma ...More
EJ Insight2022-06-13
Nuclear power has been in decline since the Fukushima disaster in Japan more than a decade ago, but it may be poised for a comeback. Russia’s invasion of Ukraine and soaring natural-gas prices have le ...More
EJ Insight2022-06-10
In an interesting recent article in the Times Literary Supplement, the Ukrainian novelist, essayist, and poet Oksana Zabuzhko took Western readers to task for not recognizing Russia’s barbarism. Too m ...More
EJ Insight2022-06-09
With cryptocurrency prices plummeting as central banks start to raise interest rates, many are wondering if this is the beginning of the end of the bubble. Perhaps not yet. But a higher opportunity co ...More
EJ Insight2022-06-08
Although nearly all heat-related deaths are preventable, heatwaves kill thousands of people worldwide every year. At this very moment, an extreme heatwave in India and Pakistan, affecting about one bi ...More
EJ Insight2022-06-08
