America under Trump: Domestic and European implications
The short-term implications of the new Trump administration for the US and the EU economies are potentially wide ranging. This column argues, however, that the
Top wealth shares in the long run of history (ca. 1300-today)
Long-term trends in wealth inequality have been the object of considerable recent attention and their analysis allows for a better understanding of the causes (and
Institutional innovation and the adoption of new technologies
A key barrier to economic development is that while new technologies can offer substantial productivity gains, firms in poorer countries often do not adopt them.
Wind turbines? Please, in my backyard
The transition towards climate neutrality is creating both winners and losers. Renewable energy development often faces opposition from local communities concerned about potential environmental impacts
In memoriam: Richard Easterlin 1926-2024
Richard Easterlin, who passed away in December 2024, was a visionary economist whose pioneering research transformed how we think about economic growth, happiness and human
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia’s crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom
Morgan Stanley promotes 173 employees to managing directors, source says
Wall Street giant Morgan Stanley promoted 173 of its employees to managing director roles this year, marking a 12% increase from 2024, a source close to
Brazil’s Lula calls Meta fact-checking changes ‘extremely serious’
Brazilian President Luiz Inacio Lula da Silva said on Thursday that social media company Meta’sS decision to scrap its fact-checking program in the U.S. was “extremely
Los Angeles wildfire economic loss estimates top $50 bln
U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, already one of the worst in history, is
Musk acknowledges $2 trillion spending cut goal a long shot
Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from
