In the decades since the 1970s oil-price shocks sent inflation soaring and shackled economic growth, price stability was maintained even when growth was…

It is striking that so many people are anxious to wrongly blame the costs of China’s zero COVID-19 policy on its rejection of US-made mRNA vaccines

It is expensive to have a large segment of the population living in Never-Never Land

If China wants a path through its “demographic crisis,” or, in other words, coping with secular stagnation, devoting substantial resources towards greening its economy would be a great path forward

By allowing the pandemic to spread largely unchecked in the developing world, we gave it the opportunity to mutate into more vaccine-resistant forms that will continue to reverberate in the months and years to come

The Biden administration, with the overwhelming support of the foreign policy establishment, seems determined to start a new Cold War with China

The laws on intellectual property are designed to make a relatively small number of people very rich. In doing so, they not only make everyone else poorer, but they also cost millions or even tens of millions of lives

Clearly this is a labor market in which many workers are facing considerable hardship, while others are seeing unusual possibilities

Covid may be with us for a while, but it need not be a dreaded disease and pose a major threat to the economy