1. Alex Wong/Getty Images

    Rethinking Monetary Policy

    With the Fed’s third rate rise this year, the last under Janet Yellen’s leadership, the era of ultra-low interest rates could be coming to an end. If so, it’s not before time, as maintaining ultra-low interest rates and monetary easing has been worse than merely ineffective.

  2. Emmanuel Macron Ian Langsdon/Getty Images

    Can Europe Sustain the Macron Moment?

    The European Union's political and economic outlook improved dramatically in 2017, following a year in which the bloc reeled from the United Kingdom's Brexit referendum and Donald Trump's election in the United States. But European leaders must not become complacent in 2018, or the EU could be thrown into crisis yet again the following year.

  3. Harvard’s Jeffrey Frankel Measures the GOP’s Tax Plan

    Jeffrey Frankel, a professor at Harvard University’s Kennedy School of Government and a former member of President Bill Clinton’s Council of Economic Advisers, outlines the five criteria he uses to judge the efficacy of tax reform efforts. And in his view, the US Republicans’ most recent offering fails miserably.

  4.  Traders work on the floor of the New York Stock Exchange Spencer Platt/Getty Images

    Complacency Will Be Tested in 2018

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    • Despite seemingly robust indicators, the world economy may not be nearly as resilient to shocks and systemic challenges as the consensus view seems to believe. 

    • In particular, the absence of a classic vigorous rebound from the Great Recession means that the global economy never recouped the growth lost in the worst downturn of modern times.
  5. A box containing viles of human embryonic Stem Cell cultures Sandy Huffaker/Getty Images

    The Holy Grail of Genetic Engineering

    CRISPR-Cas – a gene-editing technique that is far more precise and efficient than any that has come before it – is poised to change the world. But ensuring that those changes are positive – helping to fight tumors and mosquito-borne illnesses, for example – will require scientists to apply the utmost caution.

  6. Jerusalem Ahmad Gharabli/Getty Images

    Trump’s Jerusalem Rationale and its Consequences

    The US administration seems to believe that Saudi Arabia and other Arab governments are so concerned with the perceived Iranian threat that they will put aside their long-standing hostility toward Israel. The problem is that the new Saudi crown prince's highest priority – to consolidate his power – may lead him to reject a peacemaking role.

  7. Agents are bidding on at the auction of Leonardo da Vinci's 'Salvator Mundi' Eduardo Munoz Alvarez/Getty Images

    The Man Who Didn’t Save the World

    A Saudi prince has been revealed to be the buyer of Leonardo da Vinci's "Salvator Mundi," for which he spent $450.3 million. Had he given the money to the poor, as the subject of the painting instructed another rich man, he could have restored eyesight to nine million people, or enabled 13 million families to grow 50% more food.

  8. The Year Ahead 2018

    The world’s leading thinkers and policymakers examine what’s come apart in the past year, and anticipate what will define the year ahead.

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Future Cities

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The African Century

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Education: The Brain Gain

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