Editor’s Note: The following is an edited version of the Irish Business and Employers Confederation Annual Lecture, delivered in Dublin on M…
PRINCETON – In April 2010, the International Monetary Fund’s World Economic Outlook offered an optimistic assessment of the global economy, …
LONDON – As Europe’s financial crisis goes from acute to chronic, the dispute over who will bear the costs of resolving it is fueling the em…
SINGAPORE – The tangled web of international organizations that constitutes global governance has become so remote and ineffective that few …
CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much …
WASHINGTON, DC – The recent governance controversy at JPMorgan Chase has masked a much larger issue. Regardless of Jamie Dimon’s victory in …
PRINCETON – Recently, physicists at the Large Hadron Collider (LHC) – the world’s most powerful particle accelerator, located near Geneva at…
BRUSSELS – China’s recent elevation of its claim to the Diaoyu Islands to a “core interest” has made the prospect of resolving its sovereign…
HONG KONG – Too often, debate about the relationship between the state and the market casts them as opposing forces locked in a zero-sum str…
STANFORD – The recent controversy over errors in a 2010 paper by the economists Carmen Reinhart and Kenneth Rogoff is a sad commentary on th…
WASHINGTON, DC – Iranian President Mahmoud Ahmadinejad’s preferred successor, Esfandiar Rahim Mashai, will not be running in the June 14 ele…
NEW YORK – China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reform…
DENVER – As Russian and American diplomats prepare for a Syrian peace conference, the Middle East is experiencing convulsions not seen since…
NEW DELHI – A half-century after the Sino-Indian War of 1962, the border between China and India remains undefined and a constant source of …
DAKAR – In recent years, China and Africa have formed one of the modern era’s most successful economic and trade partnerships. China benefit…
LONDON – The doctrine of imposing present pain for future benefit has a long history – stretching all the way back to Adam Smith and his pra…
NEWPORT BEACH – Some two years into Egypt’s grass-roots revolution, the country’s economy is in a worrisome downward spiral. A growing numbe…
PARIS – The demise of the Roman Empire resulted from a combination of strategic overreach and excessive delegation of security responsibilit…
CAMBRIDGE – Several of my Harvard University colleagues have recently been casualties in the crossfire between fiscal “austerians” and fisca…
MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of…
ROME – For more than a decade, Asia’s economies have been on the move – and so have its people. The scale of migration from rural to urban a…
BOSTON – If we want to understand what drove the Boston Marathon bombing suspects, Tamerlan and Dzhokhar Tsarnaev, to terrorism, the answer …
CANBERRA – The brouhaha over Carmen Reinhart’s and Kenneth Rogoff’s article “Growth in a Time of Debt” may be the most conspicuous and incen…
PARIS – Today, roughly one-quarter of the world’s population lives in conflict-affected and fragile states. Despite vast sums of money spent…
MADRID – This month, an independent review panel is expected to release its findings regarding the World Bank’s Doing Business report. Specu…