Commentaries/Opinions
- ECONOMY
Covid-19 Sets Back China’s Plans to Rebalance Its Economy
China’s yearslong trade war with the U.S. convinced its leaders the country needed to move faster to expand its domestic…
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Broken supply chains are a market failure. What’s the right way to restore resilience?
CAMBRIDGE, United Kingdom (Project Syndicate)— In the period leading up to the 2008 global financial crisis, a few prescient voices…
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Government policies are stoking demand and strangling supply. So why is the Fed surprised by the inevitable inflation?
STANFORD, Calif. (Project Syndicate)—Surging inflation, skyrocketing energy prices, production bottlenecks, shortages, plumbers who won’t return your calls—economic orthodoxy has just…
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Most taxpayers would be less likely to be audited under Biden’s new IRS enforcement proposal
One of the ways that President Joe Biden proposes to pay for the important investments in his Build Back Better…
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Supply-Chain Bottlenecks, Elevated Inflation to Last Well Into Next Year, Survey Finds
Uncomfortably high inflation will grip the U.S. economy well into 2022, as constrained supply chains keep upward pressure on prices…
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The Biden administration lacks a coherent China policy
President Joe Biden has identified China as the pre-eminent international competitive challenge confronting America, but his administration appears distracted and lacks…
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Is the Income-Tax Rate on the Rich 8%, or 23%? Depends on Whose Math You Use
What do the wealthy pay in federal taxes? On paper, the top marginal income-tax rate is 37% on ordinary income…
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Opinion: How to safely break the housing and stock markets’ addiction to quantitative easing and the speculation it’s fueling
LONDON (Project Syndicate)— Amid all the talk of when and how to end or reverse quantitative easing (QE), one question…
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Opinion: Republican senators are blocking desperately needed pandemic relief for the world’s poor
The world economy faces serious risks going forward: for example, an estimated $2.3 trillion in income is projected to be…
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Opinion: Western water crisis demands a strong federal-state response
The summer’s heat dome in the Northwest cooked 1 billion sea creatures. Eight of the 10 biggest California forest fires have occurred in the…
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