“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
After the most severe global recession in decades, private and official forecasters are increasingly optimistic that world output will recover strongly this year and thereafter. But the coming expansi ...More
EJ Insight2021-05-26
Almost one-quarter of humanity lives on the Indian subcontinent. That fact is easily forgotten elsewhere, as world leaders focus on combating outbreaks of COVID-19 and its new variants within their ow ...More
EJ Insight2021-05-21
China’s recently released population census confirms the persistence of the country’s alarming excess of males relative to the global norm. This numerical imbalance from birth onward has several signi ...More
EJ Insight2021-05-21
Climate change and biodiversity loss are the most pressing challenges of our time, so all responsible political leaders must offer long-term policies for confronting them effectively. We need clear st ...More
EJ Insight2021-05-20
Hugging your parents. Meeting your grandchild for the first time. Laughing with friends – in person! COVID-19 vaccines promise to bring us closer to our loved ones and enjoy the sort of moments we hav ...More
EJ Insight2021-05-18
The COVID-19 pandemic has caused the largest decrease in global economic activity on record. But the drop in carbon dioxide emissions has been only temporary. Although global CO2 emissions fell by 6.4 ...More
EJ Insight2021-05-12
When I was growing up in northern India’s Kashmir Valley, my physician father would often accompany me when I received my annual vaccinations. I used to ask him how vaccines worked and where they were ...More
EJ Insight2021-05-12
Productivity growth changes everything. In advanced economies with a slowly growing labor force and already-large capital stock, it typically accounts for the majority of output growth. This means tha ...More
EJ Insight2021-05-11
In his recent address to the US Congress, President Joe Biden warned that China is deadly serious about trying to become the world’s most significant power. But Biden also declared that autocrats will ...More
EJ Insight2021-05-10
近期，美國各大財經頭條充斥着對通貨膨脹的擔憂，據美國消費者新聞與商業頻道（CNBC）報道：「盧佛集團首席投資策 ...全文
今日信報時事評論J. Bradford DeLong2021年05月10日
The only way to end the COVID-19 pandemic is to immunize enough people worldwide. The slogan “no one is safe until we are all safe” captures the epidemiological reality we face. Outbreaks anywhere cou ...More
EJ Insight2021-05-07
What is remarkable about the increase in nationalist sentiment across the developed world in recent years is that it is occurring at a time when many of today’s most pressing challenges, including cli ...More
EJ Insight2021-05-06
If America’s allies were concerned by President Joe Biden’s remarks on foreign policy in his address to Congress on April 28, they had every right to be. Although Biden’s domestic economic agenda coul ...More
EJ Insight2021-05-06
Like most worthwhile pursuits, reducing carbon pollution comes with costs. If it didn’t, climate change wouldn’t be a problem in the first place – at least not from a narrow economic perspective. But ...More
EJ Insight2021-05-05
The financial and economic news in the United States lately has been dominated by concerns about inflation. “Runaway inflation is the biggest risk facing investors, Leuthold’s Jim Paulsen warns,” acco ...More
EJ Insight2021-05-05
Infrastructure is the name given to shared systems that underpin productivity and make it possible to create good jobs at high wages. In the early American republic, the Erie Canal linked the Hudson R ...More
EJ Insight2021-05-03
Last week, the world marked the 51st Earth Day. This year’s theme – “Restore Our Earth” – was apt. As the COVID-19 pandemic has reminded us, the effects of human activity on the planet do not respect ...More
EJ Insight2021-04-30
The planet’s ecosystems are nearing critical tipping points, with extinction rates 100-1,000 times higher than they were a century ago. Our current economic system has put natural resources under ever ...More
EJ Insight2021-04-29
As many as 150 million people globally, roughly the combined population of Canada, France, and the United Kingdom, may have fallen into pandemic-induced extreme poverty over the past year. Partly as a ...More
EJ Insight2021-04-28
