Comment

Italy has become a cautionary tale once again. Since its general election last March, the country’s political scene has fascinated and horrified international observers. A column by Harold James.

The political recalibrations occurring in the world’s major economies highlight the limits on the level and pace of immigration a society can absorb without excessive disruption. A column by Michael J. Boskin.

The euro’s first two decades played out very differently than many expected, highlighting the importance of recognizing that the future is likely to be different from the past. A column by Daniel Gros.

The EU needs political leaders who are capable of inspiring the public and willing to pursue consistent pro-growth policy initiatives in order to avoid a relegation battle. A column by Mohamed A- El-Erian.

Complaints about unfair Chinese trade practices are actually complaints about the mismatch between the slow pace of economic opening and the very fast pace of modernization. A column by Daniel Gros.

There are, at least, three good reasons that justify the view at the Federal Open Market Committee that the current interest rate is too low and needs to be raised. A column by Martin Feldstein.

The Fed is finally coming clean on the perils of asset-dependent growth and the long string of financial bubbles that has done great damage to the US economy over the past 20 years. A column by Stephen S. Roach.

In the age of AI, algorithms will force us to recognize how the outcomes of past social and political conflicts have been perpetuated into the present through our use of data. A column by Diane Coyle.

If China wants to make reliable friends in its neighborhood, it will have to make far greater concessions on security issues, especially territorial disputes. A column by Minxin Pei.

Putins declining approval ratings are not good news for anyone. If he feels that his authority is waning, he may soon decide that it’s time for another victory at others’ expense. A column by Tikhon Dzyadko.

Imposing import tariffs to shore up the old goods-producing industries ignores the dynamics of growth and does nothing to help sunrise sectors. A column by Anne O. Krueger.

While we shouldn’t be surprised by this year’s cryptocurrency price bust, the price of these coins is not necessarily zero. A column by Kenneth Rogoff.