Billionaire George Soros has been funding democracy promotion around the world for decades, through his Open Society Foundation. For his efforts, he’s become a bogeyman
“The market for U.S. government debt (Treasuries) forms the bedrock of the global financial system. The ability of investors to sell Treasuries quickly, cheaply, and
Politicized memory plays strange tricks. To listen to influential Western voices in 2023 you might imagine that China emerged in December 2022 from long confinement
Adam and Cameron discuss the common pencil—both a must-have back-to-school item and a metaphor for the free-market economy. Also on the show: The economics of
In “The Last Politician,” Franklin Foer presents the first half of Biden’s presidency as a series of made-for-television moments meant to inspire doubters and assuage
Is Russia’s war economy on the brink of crisis, or settling into a new “long-war” mode? Subscribed With the ruble having fallen to new lows
US and EU attempts to respond to China’s Belt and Road Initiative have fallen dismally short Read the full article at The Financial Times
Europe’s centrist political class is looking anxiously towards elections for the European Parliament in 2024. What they fear is a “lurch” to the far-right. In
Economic growth in Japan is surging while the U.K. continues its long slump. Adam and Cameron explain what’s driving the trends in each country. Find
China’s economy is in trouble because its authoritarian demons are catching up with it and paralyzing the private sector. China’s economy is in trouble because
Are western sanctions on Russia working? The country’s Central Bank raised the interest rate by a dramatic 3.5 percent in the past week after the
In interpreting China’s current economic difficulties fundamental issues of analytical approach are at stake, which I have started a Chartbook mini-series to address the issue.
Whither China? With the inflation (or should we say price shock) drama in the West largely played out, there is no story more important in
China‘s is facing a crisis in its real estate market that threatens to impact the economy overall. Adam and Cameron explore the broader issues in
The news about Israel has three faces – the escalating violence of the occupation, the constitutional crisis unleashed by Netanyahu’s far-right government and an economic
That goal should be subject to public scrutiny and judged against the demands of the moment Read the full article at The Financial Times
Amidst all of the debate around Christopher Nolan’s Oppenheimer, I was shaken this week by a typically salutary thread by Alan Allport on the anniversary of another
From migration to Ukraine, Europe’s future worry list runs much deeper than fiscal rules Read the full article at The Financial Times
America is about to pass the biggest peacetime military budget of any nation in history. And yet, as the excellent Van Jackson (@WonkVJ) notes, American
Speak to anyone with close connections to China and one of the main topics of conversation, if not the main topic, is the double challenge of finding
In the US inflation debate that has been on-going since 2021, there were three broad positions: hard landing, soft landing and team transitory. In light
How do you manage the costs of security? Hard enough at any time to put a figure on it. The implications are even more daunting
As Treasury Secretary Janet Yellen’s plane touched down in Beijing, it was greeted by a rainbow. Yellen’s visit is the latest round of diplomacy through
What happened this time last week in Russia? As Robert Armstrong observed it went by so fast that markets hardly had time to react. One could infer
We are entering the second serious phase of inflation politics. The first was the decision in 2022 to raise rates sharply to counter a mounting
I had the pleasure this week of talking inflation with a bunch of folks on Maybrit Ilner’s high-profile talk show on German public TV (ZDF). Germany’s big
Europeans recall a time when their economy was substantially larger than America’s. But in the past 15 years, the United States has surged while Europe
What is the IRA? Is it a game-changing new industrial policy? Or is it the old wine of neoliberal de-risking in new bottles, in which
On today’s episode, Adam and Cam look at the devastating impact Russia’s war on Ukraine has had on Ukraine’s infrastructure – in particular the destruction
Now you see it. Now you don’t. Thinking about the Biden administration’s new industrial policy I am trying to square two realities in my head.
The climate crisis is often discussed as a global problem which requires a collective mobilization of humanity. This can be inspiring. Against the backdrop of
An exhibition in Amsterdam of the Dutch painter Johannes Vermeer’s works has been sold out for months. But what’s in it for the museum hosting
As tension over Taiwan mounts and military alliances form around South China Sea we face the remarkable situation that the world’s principal artery of trade
It’s a great time to be in the AI business. Just ask Nvidia, the AI chip company that doubled in value this year. Cameron and
The messy nature of decisions is important both for US citizens and the world Read the full article at The Financial Times
In the US the obsession with the inflation, the Fed, interest rates and financial stability has been displaced from the headlines by an overriding preoccupation
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