Project Syndicate
Jonathan Ostry shares new research showing that unpredictability reduces foreign direct investment more than three times as much as tariffs do
Jonathan Ostry shares new research showing that unpredictability reduces foreign direct investment more than three times as much as tariffs do
Mohamed El-Erian finds that while diffusion of AI has been very broad, it has been shallow. Because it has yet to penetrate deeply into workflows, much of its productivity potential remains untapped - just as opposition to data centers grows
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Mohamed El-Erian finds that while diffusion of AI has been very broad, it has been shallow. Because it has yet to penetrate deeply into workflows, much of its productivity potential remains untapped - just as opposition to data centers grows
[updated]
James K. Galbraith reviews a new book, Everyman: The Untold Story of Economics, by Antara Haldar, that reckons with the origins of economics and the purpose behind it
James K. Galbraith reviews a new book, Everyman: The Untold Story of Economics, by Antara Haldar, that reckons with the origins of economics and the purpose behind it
Paolia Subacchi thinks US Treasury Secretary Scott Bessent's efforts to move bond markets shows that the US dollar remains everyone's problem
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Paolia Subacchi thinks US Treasury Secretary Scott Bessent's efforts to move bond markets shows that the US dollar remains everyone's problem
Katharina Pistor thinks the US Fed and the US Treasury have lost sight of their central, but not independent, role in financial markets
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Katharina Pistor thinks the US Fed and the US Treasury have lost sight of their central, but not independent, role in financial markets
Kenneth Rogoff warns that fiddling with bond maturities won't save the US from the painful fiscal choices ahead
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Kenneth Rogoff warns that fiddling with bond maturities won't save the US from the painful fiscal choices ahead
Stephen Roach takes US Treasury Secretary Scott Bessent to task for pursuing ineffective currency and bond market interventions
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Stephen Roach takes US Treasury Secretary Scott Bessent to task for pursuing ineffective currency and bond market interventions
Nouriel Roubini argues that in the US at least, rising bond yields partly reflect credit demand and potential future growth
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Nouriel Roubini argues that in the US at least, rising bond yields partly reflect credit demand and potential future growth
Harold James explains what is really driving the Trump Administration's currency and bond-market interventions
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Harold James explains what is really driving the Trump Administration's currency and bond-market interventions
Jorge Arbache points out that apart from Wall Street, no other financial system has the capacity to absorb an exodus from America
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Jorge Arbache points out that apart from Wall Street, no other financial system has the capacity to absorb an exodus from America
Keun Lee points out that emerging markets were once closing in on the G7, but that progress has slowed
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Keun Lee points out that emerging markets were once closing in on the G7, but that progress has slowed
Dambisa Moyo considers the far-reaching implications of AI for healthcare, warfare, and the future of economic growth
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Dambisa Moyo considers the far-reaching implications of AI for healthcare, warfare, and the future of economic growth
Jim O'Neill considers the most plausible interpretations for a potentially concerning rise in yields
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Jim O'Neill considers the most plausible interpretations for a potentially concerning rise in yields
Michael Strain challenges the widespread US view that their normalisation of trade relations caused large US manufacturing job losses
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Michael Strain challenges the widespread US view that their normalisation of trade relations caused large US manufacturing job losses
Yi Fuxian notes former premier Zhu Rongji oversaw two major reforms in China with potentially dire consequences
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Yi Fuxian notes former premier Zhu Rongji oversaw two major reforms in China with potentially dire consequences