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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

All-weather investing

The world has changed. We are living through a pivotal time in history, marked by geopolitical realignment, high inflation, volatile financial markets and the end of a 40-year period of declining inte ...More

EJ Insight2022-08-19

A bold and realistic energy transition

Record growth in renewables, representing over 80% of all new power-generating capacity last year, is the clearest sign yet that the energy transition is gathering pace. But recent events have shown t ...More

EJ Insight2022-08-18

Holes in the recession story

With so much talk of stagnation, inflation, and stagflation in recent months, it is worth questioning whether the prevailing pessimism is justified. While I have shared in the gloom (warning early on ...More

EJ Insight2022-08-18

Can gender equality be saved?

Sudanese protester Alaa Salah became a symbol of her country’s revolution after standing atop a car, dressed in white, and singing to her fellow demonstrators. Ugandan climate-justice activist Vanessa ...More

EJ Insight2022-08-17

Taking back the ocean

Earlier this summer, the United Nations convened its Ocean Conference (UNOC) in Lisbon, Portugal. The goal was to “to propel much needed science-based innovative solutions aimed at starting a new chap ...More

EJ Insight2022-08-16

How India can sustain rapid economic growth

One country stands out from the gloomy overall tone of the International Monetary Fund’s recent update of its World Economic Outlook. Against the backdrop of tepid 3.2% global growth in 2022, the IMF ...More

EJ Insight2022-08-15

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