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Why Vaccination Should be Compulsory

I’m writing from Victoria, the Australian state that became, in 1970, the first jurisdiction in the world to make it

Are Central Banks to Blame for Rising Inequality?

Judging by the number of times phrases such as “equitable growth” and “the distributional footprint of monetary policy” appear in

America’s New Great-Power Strategy

During the four decades of the Cold War, the United States had a grand strategy focused on containing the power

Will China Kick Its Coal Habit?

China is stuck between a fossil fuel-dependent past and a future powered by renewable energy. The country today generates 53%

Is Pax Sinica Possible?

Chinese President Xi Jinping seems to want to build a Pax Sinica, which would compete with – and even replace

How to End the Pandemic

The United States has now entered its fifth wave of COVID-19 infections. In each one, the country has paid a

Education and Afghanistan’s Security

US President Joe Biden has decided that it is time for American troops finally to leave Afghanistan, the first country

A US-Russia Deal on Afghanistan?

During their June 16 Geneva summit, Russian President Vladimir Putin reportedly offered US President Joe Biden the use of Russian

How to Strengthen Anti-Poverty Efforts

From 1990 to 2019, the number of people living in extreme poverty (according to the World Bank threshold of $1.90

Little England’s Own Goal

Few English voters, and even fewer members of the United Kingdom’s political establishment, expected the recent European football championship, deservedly

A Climate Agenda for the G20

Late last year, at their summit in Riyadh, G20 leaders identified climate change as one of the most pressing challenges

Joe Biden’s Pro-Market Agenda

For free-marketeers, government is always the bad guy. As President Ronald Reagan memorably put it in his first inaugural address,

The Variant Threat Is Real

It has now been 18 months since the SARS-CoV-2 virus was first sequenced in China. Within a month, the World

The Return of Inflation?

After many years of low inflation, prices have risen almost everywhere in recent months. Energy and commodities have been leading

Forgotten Latin America

Thousands of Cubans took to the streets last weekend to protest food and medicine shortages – the biggest display of

The Power of Market Design

In 2010, the United States faced a challenging allocation problem. Demand was surging for a resource vital to daily life,

Biden’s Afghan Blunder

Afghanistan is on the brink of catastrophe, and it is US President Joe Biden’s fault. By overruling America’s top generals

Inequality and the Macron Commission

The advanced economies will bounce back more quickly from the COVID-19 pandemic than low-income countries. Still, they face an important

If Afghanistan Falls

On July 2, the US military handed control of the vast Bagram Air Base to the Afghan government. US troops

The Perils of Paradigm Economics

“The era of big government is over,” then-US President Bill Clinton proclaimed in 1996. But President Joe Biden’s multi-trillion-dollar spending