When it comes to the relationship between the United Kingdom and the European Union, political expediency and economic logic both point in the same direction. A majority of British voters now believe that Brexit was a mistake, and they are looking for a leader who will put the issue back on the national agenda.
sees a compelling political and economic case to be made for re-engaging with the European Union.
It would be easyâand a mistakeâto blame the US Federal Reserveâs many blunders on corrupt bureaucrats or imagined conspiracies. The truth of the matter is that the central bank relies on an outdated regional map and lagging indicators that no longer tell the whole story, while battling macroeconomic blazes that politicians stoke.
urges Kevin Warsh to remind Congress that monetary policy is not a fire extinguisher to battle their arson.
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Jun 18, 2026 Jeffrey Frankel doesnât see what Republicans see in the legacy of the laissez-faire principles articulated 250 years ago.
Jun 18, 2026 Ren Ito considers the implications of the USâs sudden decision to block foreign access to Anthropicâs new models.
Jun 18, 2026 Kaushik Basu proposes âuniversal basic sharesâ to prevent highly concentrated control from creating a tiny ruling class.
Jun 18, 2026 Anatole Kaletsky sees a compelling political and economic case to be made for re-engaging with the European Union.
Jun 18, 2026 Manica Balasegaram, et al. tout product development partnerships as a way to deliver new vaccines, medicines, and diagnostics.
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Markets respond not only to policy announcements but also to who makes them and how they are framed. As a set of experiments with Claude suggests, the right message, delivered at the right moment by officials with the authority to follow through, can influence market behavior and political outcomes as much as the policy itself.
shows how the technology can enable governments to frame their policies better.
The recent claim by a leading economist that the productivity gap between Europe and the US is a statistical mirage is demonstrably wrong. It is also dangerous to the extent that it lends support to those who claim that no major change in European growth and innovation policy is required.
rebut the Nobel laureate economist Paul Krugman's recent claim that the gap with the US is a statistical mirage.
Since the 2008 global financial crisis, mainstream economics has devoted more attention to how a complex financial system interacts with an equally complex real economy. Current macroeconomic and financial conditions show why this shift in focus is necessary.
considers what two of the 20th century's most original economic thinkers can tell us about the current moment.
Thomas Jeffersonâs immortal words in the Declaration of Independence inaugurated an âexperimentâ in self-government that continues to this day. Although the results have never been perfect, few other documents have had as profound and as enduring an influence on the modern world.
