In April, US President Joe Biden gathered 40 world leaders for a virtual summit on tackling the climate crisis. They included representatives of major emitting countries, such as Russian President Vla ...More
EJ Insight2021-09-10
This year includes big anniversaries in the history of the international monetary order. August 15 marked 50 years since US President Richard Nixon “closed the gold window”; and on September 21, it wi ...More
EJ Insight2021-09-09
The upsurge of COVID-19 cases, hospitalizations, and deaths in the United States serves as a bitter reminder that the pandemic is not over. The global economy will not return to normal until the disea ...More
EJ Insight2021-09-08
The terrorist attacks of September 11, 2001, were a horrific shock. Images of trapped victims leaping from the Twin Towers are indelible, and the intrusive security measures introduced in the wake of ...More
EJ Insight2021-09-08
With the United States’ disastrous exit from Afghanistan, the parallels between the 2020s and the 1970s just keep growing. Has a sustained period of high inflation just become much more likely? Until ...More
EJ Insight2021-09-06
As floods, wildfires, record-high temperatures, and zoonotic disease make the climate and ecological crisis impossible to ignore, the world may be moving closer to agreeing that serious damage to our ...More
EJ Insight2021-09-03
I have been warning for several months that the current mix of persistently loose monetary, credit, and fiscal policies will excessively stimulate aggregate demand and lead to inflationary overheating ...More
EJ Insight2021-09-03
After being celebrated for playing a central role in the Arab Spring, social-media platforms are now blamed for any outcome that traditional media outlets dislike – from the Brexit referendum and Dona ...More
EJ Insight2021-09-02
In 1987, Alan Greenspan was appointed by Republican President Ronald Reagan to chair the US Federal Reserve Board of Governors, succeeding Paul Volcker. Eight years later, President Bill Clinton, a De ...More
EJ Insight2021-09-02
Throughout 2020 and into early 2021, there was hope that with some luck and enough vaccines, it would be possible to end the COVID-19 pandemic in a quick and decisive manner. By this summer, it became ...More
EJ Insight2021-09-01
Four years ago, we argued that the rise of electric vehicles (EVs) would upend both the auto industry and the oil market. As with the rapid displacement of horses by motor vehicles in the United State ...More
EJ Insight2021-09-01
We live in an age of systemic gridlock, policy chaos, and sudden-shock failures. How is it possible that Afghan security forces – built and trained by the United States military at a cost of $83 billi ...More
EJ Insight2021-08-31
The latest report from the Intergovernmental Panel on Climate Change (IPCC) is unambiguous. Humanity has already emitted enough greenhouse gases to raise the atmospheric temperature by at least 1.5° C ...More
EJ Insight2021-08-30
With the spread of the Delta variant, new COVID-19 infections are rising around the world, and much more so in regions and countries with low vaccination rates. Japan is no exception. Only around 40% ...More
EJ Insight2021-08-27
This year, governments can ensure that better international rules help get us back on track toward a fairer and more sustainable agricultural trading system, and overcome recent setbacks in our effort ...More
EJ Insight2021-08-26
This week, G7 leaders will convene to discuss Afghanistan. It’s crucial that the G7 leaders think clearly about the important objectives for Afghanistan in order to avoid adding yet another cycle of m ...More
EJ Insight2021-08-25
Recent catastrophic floods in Germany and China have once again made clear the terrible global threat posed by climate change. In response, we must invest in strengthening our resilience to extreme we ...More
EJ Insight2021-08-23
The COVID-19 pandemic has ruthlessly exposed the global food system’s deficiencies, and a massive escalating hunger crisis now looms. A quarter of humanity lacks secure access to food, with one in ten ...More
EJ Insight2021-08-20
This month marks the 50th anniversary of the end the Bretton Woods system, when US President Richard Nixon suspended the US dollar’s convertibility into gold and allowed it to float. We are also appro ...More
EJ Insight2021-08-19
The magnitude of the United States’ failure in Afghanistan is breathtaking. It is not a failure of Democrats or Republicans, but an abiding failure of American political culture, reflected in US polic ...More
EJ Insight2021-08-18
