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What Liz Truss must do

With Conservative Party members having chosen Foreign Secretary Liz Truss to succeed Boris Johnson as their leader, the United Kingdom will have its third prime minister since voters decided in June 2 ...More

EJ Insight2022-09-12

The endless journey to zero-trust

As cyberattacks become more sophisticated and IT systems ever more complex, zero-trust architecture is becoming a hot topic in security. But zero-trust is not a new idea, it's a continuation of a prin ...More

EJ Insight2022-09-12

The G7’s energy awakening

The late Nobel laureate chemist Richard Smalley was once asked to rank global challenges in order of urgency. While citing the usual concerns about poverty, hunger, conflict, and resource access, he p ...More

EJ Insight2022-09-09

Will Truss rehabilitate Keynes?

The United Kingdom finally has a new prime minister, but will Liz Truss improve the dismal outlook for the British economy and political life? The conventional answer is no. As Shakespeare said, “when ...More

EJ Insight2022-09-07

Is nuclear war inevitable?

Russia’s invasion of Ukraine and nuclear saber rattling against the West have revived a debate about nuclear weapons. Last year, when a United Nations treaty to ban such weapons outright entered into ...More

EJ Insight2022-09-07

A faster route to greener shipping

Delegates from over 190 countries recently gathered in Lisbon for the United Nations Ocean Conference, the most important event on this issue this year. Opening the meeting, UN Secretary-General Antón ...More

EJ Insight2022-09-06

The failure of European energy policy

Skyrocketing energy prices are a disaster for the European economy and its politicians. But given how feckless European energy policies have been, the economic pain they have caused should surprise no ...More

EJ Insight2022-09-05

Will the dollar’s surge end in whiplash?

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

Sustainable development is a matter of market design

Southeast Asia’s Malay Archipelago is very far away from Ukraine, and the indigenous people of Borneo – living in some of the most pristine jungles left in the world – do not leave much of a carbon fo ...More

EJ Insight2022-09-02

America comes roaring back

An air of pessimism about the future of the American economy pervades some official circles in the United States and elsewhere. It’s time to dispel it. The pessimists worry that a series of supply sho ...More

EJ Insight2022-09-01

Why can’t we all be rich?

On September 6, Basic Books is publishing Slouching Towards Utopia, my economic history of the “long twentieth century” from 1870 to 2010. It is past time, I argue, that we shift our understanding of ...More

EJ Insight2022-09-01

Japan’s lessons for Taiwan

Following US Speaker of the House Nancy Pelosi’s visit to Taiwan, China fired missiles into six areas surrounding Taiwan and sent fighter jets across the midline of the Taiwan Strait. Some of those mi ...More

EJ Insight2022-08-31

Health messaging in the disinformation age

As the director of the Centers for Disease Control and Prevention, Rochelle Walensky, recently acknowledged, poor public-health communication and messaging throughout the COVID-19 pandemic has damaged ...More

EJ Insight2022-08-31

Rays of hope in the climate struggle

We have grown accustomed to grim climate news. Despite scientists’ warnings and communities’ protests, catastrophic floods, record-breaking heatwaves, devastating wildfires, and famine-inducing drough ...More

EJ Insight2022-08-30

A prescription for healthier economic and fiscal policy

A healthy population is both a cause and a result of economic growth and development. But achieving both today requires policymakers to leave their comfort zones. Specifically, a new generation of glo ...More

EJ Insight2022-08-29

Why 'following the science' is easier said than done

In recent years, and especially during the COVID-19 pandemic, attacks on science and scientists have been escalating to an alarming degree. Health officials and the broader scientific community have p ...More

EJ Insight2022-08-26

Why commodity prices are likely to fall further

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

Human rights hold key to protecting biodiversity

In October 2021, two tractors with a large chain stretched between them cleared more than 2,000 hectares of forest in the Brazilian Cerrado, one of the world’s most biodiverse areas. Tragically, such ...More

EJ Insight2022-08-24

Our citizens deserve better than a one-way ticket

There is an exodus. People are leaving. We can wax lyrical all day long – “They’ll come back.”, “If we don’t get rid of the old, how would the new come in?” (a terribly instrumentalist and blasé state ...More

EJ Insight2022-08-19

The new resilience paradigm

When the world changes, policy paradigms change, too – or at least they should. Harvard economist Dani Rodrik recently argued that, instead of globalism, financialization, and consumption – the princi ...More

EJ Insight2022-08-19

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