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Europe's Time to Shine

The European Union has long been a prime-mover in environmental and climate policy, as demonstrated by a series of major initiatives launched in recent years. But whether the EU can serve as a global…

Why Isn't Washington Merry?

With yet another new viral strain threatening the recovery, US President Joe Biden's honeymoon period is long over, as evidenced by his falling approval ratings. But, in fact, morale is declining on…

When Democracy Gets Old

Beyond a respect for basic democratic processes and values, one thing that the world's democracies share is that they are all skewing older. Insofar as this trend leaves them more risk-averse and…

The Conservative Central Banker Returns

The European Central Bank and the US Federal Reserve’s new monetary-policy strategies now look like a case of adapting the general staff manual to fight the last war. The recent sharp increase in…

Boris Johnson and the Virtue of Accountability

A central advantage of genuinely democratic societies is that their leaders cannot get away indefinitely with bad, corrupt, or self-serving behavior. At long last, UK Prime Minister Boris Johnson now…

Lifting the Lid on Global Inequality

The reality captured by the World Inequality Report 2022 reflects human choices, which means that it can be changed by making other choices. That is why the report is not just a valuable compendium…

Independent Journalism Is at Risk. Here’s How to Save It.

It will take more than speeches — or indeed Nobel prizes — to save independent journalism.

Can We Trust What’s Happening to Money?

It’s not just about the demise of coins and dollar bills. It’s also about society’s faith in the very idea of money.

Why Do We Ignore How the Other Half Lives?

Confined to our own bubbles, we are less informed about people who lead entirely different cultural, social and political lives.

We’re Edging Closer to Civil War

I see too many uneasy parallels between what was happening nearly 200 years ago and what is happening now over abortion.