Yesterday
- Opinion
- Inflation
Beware economists who won’t admit they were wrong
From an economic point of view, 2023 will go down in the record books as one of the best years ever.
August
- Opinion
- Inside China
China’s economy is stumbling, and it’s a danger to global security
Beijing’s economic model has hit a wall. But a dictatorship is more likely to seek a foreign adventure than try to reform itself.
July
- Opinion
- World politics
Why China isn’t likely to be the next Japan
China’s economy has faltered, and some have been asking whether its future path might resemble that of Japan. The answer is probably not - China will do worse.
- Updated
May
- Opinion
- US recession
Why do Americans believe their economy is bad when it isn’t?
What the data says, and how workers and consumers perceive it, are two very different things. Blame economists for this.
January
- Opinion
- Russia-Ukraine war
Why modern power is about more than military might
As Russia has found to its cost, wars today are about economics, technology and soft power, not just the number of bodies in uniform.
October 2022
- Opinion
- International affairs
How did it all go so wrong, so fast, for Liz Truss?
Truss is squarely in the libertarian box. Her policies thrust her into the political wilderness, into a barren quadrant where few voters may be found.
April 2022
- Opinion
- Currencies
Why the US dollar dominates
Is the greenback about to lose its special role in the world financial system? People have been asking that question for my entire professional career.
January 2022
- Opinion
- Global economy
US inflation shows the power of media narrative
US President Joe Biden’s inflation, rather than his jobs boom, has captured the headlines. How does that happen?
- Opinion
- Biden's White House
Joe Biden’s economic management has been a secret triumph
Putting full employment first will have been worth the trouble of a couple of years of elevated inflation.
June 2021
- Opinion
- Global economy
Inflation panic proves transitory
Ominous warnings of 1970s-type stagflation are so last week following the Federal Reserve’s deflation of the case for a sustained outbreak of inflation.
- Opinion
- Globalisation
Economic nationalism, Joe Biden-style
Biden won’t start many trade wars, but he won’t sign many trade deals either.
January 2021
- Opinion
- US politics
Who’s radical now? The case of minimum wages
Republicans' objections to minimum wages run counter to popular opinion and the conclusions of mainstream economics.
August 2020
- Opinion
- Trump's White House
Trump sends in the economic quacks
A proposed payroll tax cut is the hydroxychloroquine of economic policy. It's a quack remedy that somehow caught Donald Trump's eye.
February 2020
- Opinion
- Trump impeachment
How zombies ate the Republican Party's soul
A result of decades of zombification is a Republican caucus that consists entirely of soulless opportunists (and no, the fact that some of them like to quote Scripture doesn't change that fact).
November 2019
- Opinion
- Billionaires
It's time to burst the billionaire bubble
The idea that America is just waiting for a billionaire businessman to save the day by riding in on a white horse — or, actually, being driven over in a black limo — is just silly. It is, in fact, the kind of thing only a billionaire could believe.
September 2019
- Opinion
- Democracy
Democracy is dying in the US
In less than three years the US Justice Department has been transformed from an agency enforcing the law to one dedicated to punishing Trump's opponents, writes Paul Krugman.
