Comment

College faculty are no keener to see technology cut into their jobs than any other group. But, unlike most factory workers, university faculty members have enormous power over the administration. A column by Kenneth Rogoff.

Instead of trying to copy the IMF, Europe’s leaders should be focused on strengthening the resilience of the financial system. A column by Daniel Gros.

Europeans can no longer avoid taking responsibility for their own defense. Even after Trump is long gone, soft power will not suffice in a world of hard-power conflicts. A column by Carl Bildt.

The elimination of countless cognitive tasks has alarming implications for the future. Just as the Industrial Revolution made most humans physically weaker, the AI revolution will make us collectively duller. A column by Harold James.

The most positive thing that can be said about Trump’s first year of economic policymaking is that he did not deliver on his campaign promise to disrupt trade. A column by Simon Johnson.

We have already reached the point where a Bitcoin crash could have serious global implications. Financial institutions’ current exposure to the cryptocurrency is unclear, and probably would not be fully revealed until after a financial disaster. A column by Harold James.

The elites should not resist moves that are in their best long-term interest, before anti-elite politicians reach power. A column by Charles Wyplosz.

The need for a future fiscal stimulus makes it clear that the US needs to start now to develop a strategy for slowing the growth of the national debt. That is the only way to create enough room for an expansionary fiscal policy. A column by Martin Feldstein.

Economic reform begins with political change. But for Russia, political change does not seem to be in the offing. A column by Konstantin Sonin.

For those looking back in 2028, the decade starting in 2018 will be remembered as one when European politicians began to waive and abate the Target claims through north-to-south fiscal transfers. A column by Hans-Werner Sinn.

In the 1930’s, protectionist tariffs exacerbated the Great Depression and destabilized the international order. Sadly, this painful lessons of modern history has been all but forgotten. A column by Stephen S. Roach.

Oil producers would be well advised to treat recent oil-price gains as a temporary windfall, not a permanent state of affairs or even a trend that is likely to intensify. A column by Mohamed A. El-Erian.