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Robust fiscal stabilisation

Recent fiscal projections for the US forecast a rising debt-GDP ratio which exceeds the peak at the end of World War II. This column shows

The bazooka diplomacy of Trump’s tariffs

President Trump’s recent pronouncements on tariffs have received considerable attention from analysts, policymakers, and commentators. This column takes a step back and considers some of

Why unilateral decarbonisation can pay for itself

Anthropogenic greenhouse gas emissions are rapidly warming our planet, with potentially severe economic, social, and health consequences. Conventional estimates of climate damages suggest that while