Distributional issues – not aggregate costs – are the real obstacle to the ambitious policies needed to avert possibly catastrophic climate change
30 years ago, Europe experienced a truly miraculous few months. Today, we should honour not only those who fought for change, but also those who refused to send out the tanks
The IMF’s bizarre belief in 'expansionary austerity' would be laughable if it were not so damaging. How can it justify an approach with such a poor track record?
History suggests that a global superpower in relative decline should aim for a soft landing. By contrast, US President Donald Trump's incoherent, confrontational approach toward China could seriously damage America’s long-term interests
If Chinese soldiers storm the city, an immediate exodus of expats and elites with foreign passports and green cards will follow, and Western businesses will relocate en masse to other Asian commercial hubs
Giving the European Parliament more authority, at the expense of the council and particularly the commission, will only weaken further the EU’s capacity to develop and implement policy
Modelled estimates of adverse impacts are incapable of capturing the risk that global warming could be self-reinforcing, creating a non-trivial risk of catastrophic threats to human life on Earth
With Boris Johnson's Brexit strategy crystal clear, Labour's task is equally clear. It must expose the truth about Johnson’s no-deal option and put forward its own plan to end Britain's interminable ordeal
Alongside the general sense of relief that EU leaders managed to agree on a candidate, a nagging doubt remains as to whether Europe will really have the best person – and team – at the helm
Political betting markets now put the chance of a no-deal Brexit at roughly one-third. But, regardless of the reckless promises to Conservative Europhobes that made Boris Johnson prime minister, an orderly, negotiated Brexit will be the favored option for a political libertine whose only consistent principle has been inconsistency.
The 75th anniversary of the Bretton Woods agreement and the departure of Christine Lagarde from the helm of the International Monetary Fund represent a golden opportunity to put the institution on a path toward a more effective and inclusive future. What should her successor's priorities be?
Regardless of whether it succeeds in bending Iran to its will, the Trump administration has strengthened other countries’ incentives to bypass the US financial system altogether
A new treaty is needed to outlaw all use of force in space, with clearly delineated – and reliably enforced – consequences for violations
The likely successor to British Prime Minister Theresa May, Boris Johnson, has plans to subsume the government department overseeing development aid into the foreign office, effectively eliminating it
Capitalism is widely – and wrongly – understood to be synonymous with free markets. In fact, it includes all economic systems with private ownership of property, from free markets to social democracy