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
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
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
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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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