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Why financial markets’ new exuberance is irrational

This past May and August, escalations in the trade and technology conflict between the United States and China rattled stock markets and pushed bond yields to historic lows. But that was then: since t ...More

EJ Insight2019-11-21

Green markets for equitable growth

The climate crisis and the 2008 financial crisis are two sides of the same coin. Both were born of the same toxic feature of the world’s prevailing economic model: the practice of discounting the futu ...More

EJ Insight2019-11-15

A living wage for capitalism

At 3.6 percent, unemployment in the United States remains near its lowest level since the late 1960s. There are even signs that people who had previously dropped out of the labor force are being attra ...More

EJ Insight2019-11-15

The high stakes of the coming digital currency war

Facebook CEO Mark Zuckerberg was at least half right when he recently told the United States Congress that there is no US monopoly on regulation of next-generation payments technology. You may not lik ...More

EJ Insight2019-11-12

Is the global dollar in jeopardy?

Since the end of World War II, the United States dollar has been at the heart of international finance and trade. Over the decades, and despite the many ups and downs of the global economy, the dollar ...More

EJ Insight2019-11-11

Why the plastic crisis matters

Plastics have become a hot topic. News stories about plastic on beaches and in the oceans abound, and policymakers have begun to respond with bans or limitations on plastic bags and single-use plastic ...More

EJ Insight2019-11-07

The New Anti-Capitalism

We are currently living through the most dramatic technological and economic transformation in the history of mankind. We are also witnessing declining support for capitalism around the world. Are the ...More

EJ Insight2019-11-07

通貝里時刻─引領600萬學子罷課

透過堵塞道路的不合作運動,要求政府正視問題的抗爭手法漸在國際間流行,圖中是柏林波茨坦廣場,示威者橫臥路中,阻斷 ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Peter Singer2019年11月02日

The allure and limits of monetized fiscal deficits

A cloud of gloom hovered over the International Monetary Fund’s annual meeting this month. With the global economy experiencing a synchronized slowdown, any number of tail risks could bring on an outr ...More

EJ Insight2019-10-29

China adjusts to the New World Order

On October 1, the People’s Republic of China celebrated the 70th anniversary of its founding with impressive military and civilian parades meant to showcase the extraordinary progress the country has ...More

EJ Insight2019-10-29

脫歐《紙牌屋》──戲劇跟不上現實

英國歷時已久的脫歐過程又有新章。但英國首相約翰遜是已經成竹在胸,有一份新的、對英國更有利的脫歐協議──還是他僅 ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Mark Malloch-Brown2019年10月26日

A new approach to protecting gig workers

In the United States and other advanced industrial economies, a growing number of workers no longer work for a single employer on a traditional contract. Instead, they earn income through a variety of ...More

EJ Insight2019-10-25

How a weaponized dollar could backfire

The language of international monetary policy has turned militaristic. The phrase “currency war” has now been popular for a decade, and the United States government’s more recent “weaponization” of th ...More

EJ Insight2019-10-24

網絡法律淪專制政權打手

目睹了從前蘇聯顏色革命到阿拉伯之春等事件中民眾抗議對當政者的挑戰之後,全球獨裁者們一直在推行各類旨在削弱打擊民 ...全文

今日信報EJ GlobalEJ GLOBAL plus 彙編選輯Janjira Sombatpoonsiri2019年10月12日

No more half-measures on corporate taxes

Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in ...More

EJ Insight2019-10-08

The IMF after Argentina

In case you blinked, the Argentine government built up a pile of debt out of almost nothing with surprising speed, and then proceeded to default on it almost as quickly. Compared to the country’s slow ...More

EJ Insight2019-10-03

How to rethink capitalism

The United States Business Roundtable, an organization of CEOs of large US companies, recently issued a statement that caused quite a stir in some circles. Rather than focusing primarily or exclusivel ...More

EJ Insight2019-10-02

The next phase of China’s reform and opening up

Over the last four decades, China has integrated into global networks in trade, finance, data, and culture (encompassing social values, religion, and political beliefs). But, as the United States embr ...More

EJ Insight2019-10-02

Four collision courses for the global economy

In the classic game of “chicken,” two drivers race directly toward each other, and the first to swerve is the “loser.” If neither swerves, both will probably die. In the past, such scenarios have been ...More

EJ Insight2019-09-25

Climate Code Red

When emergencies strike, special processes within governments and communities swing into gear. And everyone steps up to help. The world is now in a climate emergency. At the United Nations Climate Act ...More

EJ Insight2019-09-20

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