Project Syndicate

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest rates

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest rates

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

Yi Fuxian fears that China's policymakers have learned nothing from Japan's housing experience

Yi Fuxian fears that China's policymakers have learned nothing from Japan's housing experience

Hervé Goulletquer warns that investors are normalising US-induced economic and financial uncertainty at their peril

Hervé Goulletquer warns that investors are normalising US-induced economic and financial uncertainty at their peril

Shang-Jin Wei identifies areas where inter-regional cooperation can make up for the abdication of American leadership

Shang-Jin Wei identifies areas where inter-regional cooperation can make up for the abdication of American leadership

Keun Lee & Isabel Álvarez identify factors that can enhance or undermine the growth-boosting potential of globalisation

Keun Lee & Isabel Álvarez identify factors that can enhance or undermine the growth-boosting potential of globalisation

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Michael Strain argues that a free-enterprise system is not merely a tool, as J.D. Vance has argued, but an end in itself

Michael Strain argues that a free-enterprise system is not merely a tool, as J.D. Vance has argued, but an end in itself

Dambisa Moyo warns investors not to rely on past playbooks as long-ignored vulnerabilities hit asset values

Dambisa Moyo warns investors not to rely on past playbooks as long-ignored vulnerabilities hit asset values

Willem Buiter and Anne Sibert expect policy-induced inflation to drive nominal losses on outstanding US Treasuries

Willem Buiter and Anne Sibert expect policy-induced inflation to drive nominal losses on outstanding US Treasuries

Raghuram Rajan explains why policies designed to appeal to a sense of maltreatment almost always backfire

Raghuram Rajan explains why policies designed to appeal to a sense of maltreatment almost always backfire

Daniel Gros highlights the fundamental flaws in efforts to use trade policy for geopolitical ends

Daniel Gros highlights the fundamental flaws in efforts to use trade policy for geopolitical ends

Vinciane Beauchene & Allison Bailey warn that a focus on marginal productivity gains from utilising AI can distract from larger opportunities

Vinciane Beauchene & Allison Bailey warn that a focus on marginal productivity gains from utilising AI can distract from larger opportunities

Dambisa Moyo identifies the factors driving down demand for US Government bonds at a time of heightened volatility

Dambisa Moyo identifies the factors driving down demand for US Government bonds at a time of heightened volatility

Kenneth Rogoff warns that US Republican policies will fuel inflation and drive up real interest rates

Kenneth Rogoff warns that US Republican policies will fuel inflation and drive up real interest rates