The Trump Boom?

by Kenneth Rogoff Added 07.12.2016
CAMBRIDGE – After years of hibernation, will the US economy rouse itself for a big comeback over the next couple of years? With an incoming Republican administration hell-bent on reflating an economy already near full employment, and with...

Can the Iranian Nuclear Deal Survive the Trump Presidency?

by Giorgio Cafiero and Daniel Wagner Added 06.12.2016
Donald Trump’s shocking victory will bear important, albeit unclear, implications for a variety of America’s bilateral relationships, few more important than its relationship with Iran and the impact that may have on the Joint Comprehensive Plan...

Saving the World from Trump

by Ana Palacio Added 06.12.2016
WASHINGTON, DC – If Donald Trump’s victory in the United States’ presidential election was an earthquake, then the transition period leading up to his inauguration on January 20 feels like a tsunami warning. The entire world is speculating about...

Goodbye to the West

by Joschka Fischer Added 06.12.2016
BERLIN – Now that Donald Trump has been elected President of the United States, the end of what was heretofore termed the “West” has become all but certain. That term described a transatlantic world that emerged from the twentieth century’s two...

Preventing the Next Eurozone Crisis Starts Now

by Jean Pisani-Ferry Added 02.12.2016
PARIS – European leaders have devoted scant attention to the future of the eurozone since July 2012, when Mario Draghi, the European Central Bank’s president, famously committed to do “whatever it takes” to save the common currency. For more...

Can Fillon Beat Le Pen?

by Hugo Drochon Added 02.12.2016
CAMBRIDGE – In the French Republican party’s presidential primary on Sunday, François Fillon soundly defeated frontrunner Alain Juppé, winning close to 67% of the votes. Two weeks ago, a landslide victory for the apparent underdog seemed out of...

Europe’s Secret Bailout

by Hans-Werner Sinn Added 02.12.2016
MUNICH – While the world worries about Donald Trump, Brexit, and the flow of refugees from Syria and other war-torn countries, the European Central Bank continues to work persistently and below the public radar on its debt-restructuring plan –...

Is Our Economic Future Behind Us?

by Joel Mokyr Added 30.11.2016
CHICAGO – With the global economy yet to recover from the 2008 economic crisis, concern about the future – especially of the advanced economies – is intensifying. My Northwestern University colleague Robert J. Gordon captures the sentiment of...

Missing the Economic Big Picture

by J. Bradford DeLong Added 30.11.2016
BERKELEY – I recently heard former World Trade Organization Director-General Pascal Lamy paraphrasing a classic Buddhist proverb, wherein China’s Sixth Buddhist Patriarch Huineng tells the nun Wu Jincang: “When the philosopher points at the...

Donald Trump and the New Economic Order

by Michael Spence Added 29.11.2016
HONG KONG – Since the end of World War II, the hierarchy of economic priorities has been relatively clear. At the top was creating an open, innovative, and dynamic market-driven global economy, in which all countries can (in principal) thrive...

How Russia Stays Afloat

by Anders Åslund Added 28.11.2016
WASHINGTON, DC – The long-term sustainability of Russia’s economy is an open question. Cronyism is rife, and Russia’s heavy dependence on oil revenues means that it will suffer whenever oil prices are low. But if the Soviet Union taught us...

Implications Of The U.S. Withdrawal From The TPP

by Daniel Wagner Added 26.11.2016
President-Elect Trump’s threat to withdraw the U.S. from the Trans-Pacific Partnership (TPP) should be taken seriously, despite how mercurial he has already proven to be in failing to follow through on a variety of other campaign promises....

The Achilles’ Heel of Trumponomics

by Stephen S. Roach Added 24.11.2016
NEW HAVEN – Donald Trump’s economic strategy is severely flawed. The US president-elect wants to restore growth via deficit spending in a country with a chronic shortfall of saving. This points to a further compression in national saving, making...

America’s Berlusconi

by Bill Emmott Added 24.11.2016
LONDON – For the past couple of weeks, the world has been guessing at how US President-elect Donald Trump will behave in office and what policies he will pursue, following a long campaign full of contradictory statements. America’s previous...

Growing Out of US Leadership

by Adair Turner Added 23.11.2016
BEIJING – Donald Trump’s election has been greeted around the world with justifiable bewilderment and fear. His victory – following a fact-free, vicious election campaign – has trashed the brand of American democracy. But, while Trump is...

Donald Trump and the Sense of Power

by Robert J. Shiller Added 22.11.2016
NEW HAVEN – US President-elect Donald Trump campaigned in part on a proposal to cut taxes dramatically for those with high incomes, a group whose members often have elite educations as well. And yet his most enthusiastic support tended to come...

Donald Trump’s Choices in the Middle East

by Shlomo Ben-Ami Added 21.11.2016
TEL AVIV – US President-elect Donald Trump has said a lot about foreign affairs, without really saying anything at all. His muddled statements offer little insight into what kind of foreign policy he will actually pursue, and there is not much...

How Much Europe Do Europeans Need?

by Joschka Fischer Added 19.11.2016
BERLIN – In his final address to the European Parliament in 1995, then-French President François Mitterrand, whose failing health was evident to all, found the following indelible words to characterize Europe’s great scourge: “Le nationalisme,...

Trump’s Monetary Conundrum

by Nouriel Roubini Added 19.11.2016
NEW YORK – When Donald Trump defeated Hillary Clinton in the United States’ presidential election, the market’s immediate negative response was to be expected. But by the next day, the market’s downward turn had already reversed itself. US...

Europe Against the Ropes

by Ana Palacio Added 17.11.2016
MADRID – On November 8, as Donald Trump was sealing his shocking victory in the United States presidential election, a conference in Brussels commemorated the legacy of the late Václav Havel, the first post-communist president of Czechoslovakia...

Will Trump Bring Down the West?

by Chris Patten Added 13.11.2016
LONDON – I have spent my whole political life somewhere called “the West.” It was not literally “west”: while its heartland was Western Europe and the United States, it also included faraway countries like Australia and Japan. Rather, it was a...

Trump and the Coming Death of Multilateralism

by Daniel Wagner Added 12.11.2016
It is truly odd that the U.S. and global stock markets actually rose in the days following the election of Donald Trump as president, as if a few passing pro-business comments by the president-elect and prospect of a pro-business administration...

Preparing Asia for Trump

by Gareth Evans Added 12.11.2016
CANBERRA – Whether or not US President-elect Donald Trump behaves better once in office than he did on the campaign trail, America’s global authority has already taken a battering, not least among its allies and partners in Asia. Exercising soft...

Trump’s New World Disorder

by Philippe Legrain Added 09.11.2016
LONDON – So much for the end of history. Twenty-seven years to the day after the fall of the Berlin Wall heralded the collapse of communism in Europe, Donald Trump’s election as US president endangers the liberal international order that his...

The markets tell us President Trump is worse than Brexit

by Saul Eslake Added 09.11.2016
Donald Trump has emerged as the winner in the US Presidential election, but even before the result was clear the prospect came as a profound shock to financial markets. As I wrote last month, financial markets had for the most part priced a...

Populism for the Rich

by Ian Buruma Added 04.11.2016
BUCHAREST – I recently joined a tour in Bucharest of the Palace of Parliament, the gigantic folly built in the 1980s on the orders of the late Romanian dictator Nicolae Ceauşescu, who was executed before he could see it finished. The statistics...

Would Higher Interest Rates Boost US Growth?

by J. Bradford DeLong Added 29.10.2016
BERKELEY – Blackstone CEO Tony James recently published a column in the Financial Times titled “To revive America’s economy, raise interest rates.” This is a very bad idea. Let us imagine that we have been transported to a parallel universe, one...

How Inequality Found a Political Voice

by Michael Spence Added 28.10.2016
MILAN – It took a long time for widening inequality to have an impact on politics, as it suddenly has done in recent years. Now that it is a central issue, national economic priorities will need to shift substantially to create more equitable,...

Remain means remain: Nicola Sturgeon cannot be ignored on Brexit

by Andrew Scott Crines Added 26.10.2016
The meeting between Prime Minister Theresa May and the leaders of the United Kingdom’s devolved administrations was a significant moment in setting the tone for the Brexit negotiations ahead. May has pledged to advance a single UK position when...

Will Germany flout Europe's bail-in rules if Deutsche Bank needs rescuing?

by Pierre Sinclair de Gioia Carabellese Added 26.10.2016
Will Deutsche Bank need rescuing? It’s a question that is being asked as this big beast of global banking gears up to announce its third quarter results on October 27. With losses expected to be north of €600m (£534m), the backdrop is dismal:...

The Brexit Paradox

by Ana Palacio Added 25.10.2016
MADRID – The French mathematician Blaise Pascal famously said, “It is not certain that everything is uncertain.” Had he been around for Brexit, he might not be so sure. While a moderate outcome remains likely, uncertainty and animosity have been...

The World Economy Without China

by Stephen S. Roach Added 25.10.2016
NEW HAVEN – Is the Chinese economy about to implode? With its debt overhangs and property bubbles, its zombie state-owned enterprises and struggling banks, China is increasingly portrayed as the next disaster in a crisis-prone world. I remain...

A Wave Election in America?

by Elizabeth Drew Added 18.10.2016
WASHINGTON, DC – With the world mesmerized by the United States’ presidential race this year, the race for control of the US House of Representatives and the Senate has been largely overlooked. But the outcome of the congressional elections...

The Price the World May Pay for America’s Presidential Election

by Daniel Wagner Added 18.10.2016
The damage that has been done to the American psyche as a result of this circus of an election is disastrous and will have lingering consequences. The American political process has been reduced to sound bites filled with idiocy, insults,...

The Skills Delusion

by Adair Turner Added 14.10.2016
LONDON – Everybody agrees that better education and improved skills, for as many people as possible, is crucial to increasing productivity and living standards and to tackling rising inequality. But what if everybody is wrong? Most economists...

The Political Logic of Hard Brexit

by Jacek Rostowski Added 11.10.2016
PARIS – Little more than three months after the United Kingdom’s decision in June to leave the European Union, Brexit politics are careening out of control in the UK. An almost revolutionary – and very un-British – dynamic has taken hold, and,...

What Happened To America?

by Alon Ben-Meir Added 08.10.2016
Much has been written about the unfolding tragedy in Syria, but how many of these unimaginable atrocities have been etched in the consciousness of the American public? As president, Obama refuses to rise up to stop this unfathomable horror;...

Trump’s Deplorables

by Ian Buruma Added 08.10.2016
NEW YORK – Hillary Clinton, the Democratic US presidential nominee, recently described supporters of her opponent, Donald Trump, as a “basket of deplorables.” It was neither a tactful nor an elegant phrase, and she later apologized for her...

History Is No Longer An Accurate Guide To The Future

by Daniel Wagner Added 08.10.2016
We have become accustomed to presuming that what has happened in the past will give us a good idea of what may happen in the future, whether in determining insurance premiums, stock market movements, or the outcome of political referendums. That...

We've heard the philosophy, but where is Theresa May's plan?

by Louise Thompson Added 06.10.2016
Most prime ministers have a honeymoon period when they first enter Number 10; a few months in which the press is less critical and things seem optimistic. Theresa May’s predecessor David Cameron had stood in Downing Street’s rose garden with...

The Holy Grail of Future Work

by Kelli Wells Added 06.10.2016
NEW YORK – Understanding the future of work is difficult, if not impossible. According to the MacArthur Foundation, 65% of today’s schoolchildren will eventually be employed in jobs that don’t exist yet. As technology, globalization, and many...

Don’t be fooled, the Conservatives remain utterly divided on Brexit

by Patrick Diamond Added 05.10.2016
The Conservative party has been in turmoil over Europe since the late 1980s. Divisions erupted back then over how Britain, led by the Thatcher governments, should respond to the quickening pace of European political integration. A new political...

May's Hard Brexit means taking back control – from Britain's elected parliament

by Andrew Scott Crines Added 05.10.2016
Prime Minister Theresa May’s opening speech to the Conservative party conference brought a dramatic start to proceedings and marked the start of the real Brexit narrative. By ruling out any kind of “soft Brexit”, May nailed her colours to the...

The West on the Brink

by Joschka Fischer Added 04.10.2016
BERLIN – This year and next, voters in leading Western democracies will make decisions that could fundamentally change the West – and the world – as we have known it for decades. In fact, some of these decisions have already been made, the main...

Statesmanship versus Demagoguery

by Alon Ben-Meir Added 01.10.2016
The death of President Shimon Peres highlights the stark difference in leadership between him and Prime Minister Netanyahu—the difference between a statesman and a demagogue. Peres never hesitated to change his position and embrace policies from...

Confronting the Populists

by Chris Patten Added 01.10.2016
SAINT-MARTIN-LAGUÉPIE – Here’s a confession: I don’t lie in bed at night missing mainstream politics. Instead, I am spending a week at my house in southwest France, walking around the countryside. The early autumn sun is warm on my back, the...

Escaping the New Normal of Weak Growth

by Michael Spence Added 01.10.2016
MILAN – There is no question that the recovery from the global recession triggered by the 2008 financial crisis has been unusually lengthy and anemic. Some still expect an upswing in growth. But, eight years after the crisis erupted, what the...

Secular Stagnation or Self-Inflicted Malaise?

by Hans-Werner Sinn Added 01.10.2016
MUNICH – Almost exactly eight years ago, the Lehman Brothers collapse plunged the global economy into recession. The interbank market collapsed, and the entire industrialized world was thrown into the worst crisis since the end of World War II....

The Judgment of Aleppo

by Bernard-Henri Lévy Added 28.09.2016
PARIS – We must halt the massacre in Aleppo. Whatever the cost, we must stop the massive, random, indiscriminate bombings – and, worst of all, the discriminate ones aimed chiefly at civilians, humanitarian convoys, and hospitals – that the...

Trump Through Russian Eyes

by Nina L. Khrushcheva Added 27.09.2016
NEW YORK – I am an American, Moscow-born. And because of that, my Americanness, unlike that of Saul Bellow’s Augie March, once triggered something of a national debate back in Russia. In some places, school textbooks asked students whether it...
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Letter from the Editor

A Drug Test for a Political Leader?

Norman Ohler, a historian, writes in his book “Blitzed: Drugs in the Third Reich” that Hitler’s Germany was saturated with drugs. On the eve of World War II companies such as Merck and Bayer cooked up cocaine, opiates, and, most of all,...

How class and the rise of China won Trump the White House

by Vassilis K. Fouskas Added 07.12.2016
Most explanations concerning the reasons that led Trump to victory in the US presidential election are unconvincing for two simple reasons: they brush off the issue of class and the rise of China in the global political economy. In fact, these...

The Development of the Trump Electorate and the Great Irony of the 2016 Election

by Lawrence Rosenthal Added 06.12.2016
In a well-known exchange in their first debate , Donald Trump castigated Hillary Clinton for retreating from the campaign trail in anticipation of the debate. Clinton responded that she had been busy preparing for the debate. And she added that...

Five reasons why we (eventually) become happier as we get older

by Jolanta Burke Added 02.12.2016
Happiness has become a modern obsession. Searching for it, holding on to it, and wishing it on our loved ones have all become motivating forces for how we live our lives. We also use happiness as a measuring stick for life decisions. If a job...

Conspiracy Theorist in Chief: Trump’s falsehood about 2 mn. illegal votes only tip of Melting Iceberg

by Juan Cole Added 29.11.2016
Americans have given the nuclear codes to that crazy uncle you have to sit through Thanksgiving with who watches nut cases like Alex Jones and red-facedly proclaims that FEMA is keeping Americans in concentration camps. Donald Trump still has...

How paedophiles speak to children online

by Cristina Izura and Nuria Lorenzo-Dus Added 29.11.2016
The internet has transformed our lives. As of July 2016, around 40% of the world’s population was online – that’s nearly 3.5 billion internet users. Since it was created, the web has gone from being a simple tool used to share and distribute...

Is Lt.-Gen. Flynn Right that Islam is not a Religion?

by Juan Cole Added 23.11.2016
The new National Security Adviser to incoming President Donald J. Trump, Lt.-Gen. Michael Flynn, has called Islam a “cancer” and maintained that it is a “political ideology” masquerading as a religion. He made this generalization about the...

Fake news is just the beginning

by Vivek Wadhwa Added 23.11.2016
Facebook is on the defensive after the elections, with accusations that it helped spread misinformation.  For days, Mark Zuckerberg was adamant that his network had not affected the election results, calling that “a pretty crazy idea”.  But...

Assisted Suicide: a musical that asks us to think critically about the portrayal of euthanasia

by Morven Cook Added 22.11.2016
Earlier this month, Colorado voters approved a ballot that made it the fifth state to legalise physician-assisted suicide (excluding Montana, which allows it via court ruling). Discussions around this issue are understandably fraught. At a time...

These six new technology rules will govern our future

by Vivek Wadhwa Added 22.11.2016
Technology is advancing so rapidly that we will experience radical changes in society not only in our lifetimes but in the coming years. We have already begun to see ways in which computing, sensors, artificial intelligence and genomics are...

No, this isn’t the 1930s – but yes, this is fascism

by James McDougall Added 19.11.2016
The spread of fascism in the 1920s was significantly aided by the fact that liberals and mainstream conservatives failed to take it seriously. Instead, they accommodated and normalised it. The centre right is doing the same today. Brexit, Trump...
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Why Bob Dylan deserves his Nobel prize in literature

by Richard Brown Added 14.10.2016
To the surprise of many, Bob Dylan has become the first singer-songwriter to win the Nobel prize in literature. As the news broke, I was in the middle of teaching James Joyce to some undergraduates – an author who did not win the Nobel, but is...

The man behind Matilda – what Roald Dahl was really like

by Pojana Maneeyingsakul Added 13.09.2016
It is 100 years since the birth of Roald Dahl – considered by many to be the world’s number one storyteller. His books have received enthusiastic responses from millions of children all around the world. And his tales of the unexpected continue...

Three alternative romantic fiction authors that will heat up any beach trip

by Zoe Strimpel Added 04.07.2016
There’s no better way to escape the stresses and strains of work and – for many at the current juncture – the acute anxiety of geopolitics, than to put your reading into “romance” gear. Britain versus the world is a gloomy real-world problem;...

What grammar pedants and fashion victims have in common

by Rob Drummond Added 05.03.2016
Language pedants who take pleasure in policing other people’s use of grammar often have an air of respectability about them, but it’s usually a sheen hiding something more pernicious. Rather than actual rules of language, pedantry deals in...

War and Peace: a user's guide

by Sarah Hudspith Added 09.01.2016
War and Peace is more than a novel. It’s a reflection of Leo Tolstoy’s strongly held beliefs – a philosophical tract, not just about politics, war, love, marriage and property, but about history itself and the way the affairs of society are...

How does autobiography work in fiction?

by Mary L. Tabor Added 08.12.2015
You know the line: Truth is stranger than fiction? I have a twist on that. I’ve learned through the writing of three books and a fourth in process as I write this essay that the fictional account of my stories have greater emotional truth and...

Alexievich’s Achievement

by Nina L. Khrushcheva Added 23.10.2015
NEW YORK – It was 1985, and change was in the air in the Soviet Union. Aging general secretaries were dropping like flies. Elem Klimov’s cinematic magnum opus “Come and See” depicted World War II without the heroics on which we were reared,...
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Angelich revives a Beethoven warhorse

by Michael Johnson Added 18.11.2016
The Franco-American pianist Nicholas Angelich delivered a freshly crafted version of a Beethoven warhorse, Piano Concerto No. 5 in E flat, Op. 73, together with the Orchestre National Bordeaux Aquitaine conducted by Paul Daniel, in the...

Big Songs – the Power Behind the Old Broadway Musicals

by Michael Johnson Added 03.11.2016

Three Delightful Sides of Thomas Adès

by Michael Johnson Added 01.11.2016
Visiting star composer-pianist-conductor Thomas Adès put on a bold show of musical versatility Sunday afternoon at Jordan Hall, joining the Boston Symphony Chamber Players in selections ranging from Purcell to Stravinsky. Thomas Adès A true...

Soprano Nadja Michael stars in stellar production of “The Makropulos Case” at San Francisco Opera

by James Bash Added 21.10.2016
Humans have always had the desire to live forever. Even today there are those wealthy enough to have their bodies frozen in a cryogenic state and others who fervently believe that the wizards of Silicon Valley will preserve them digitally. Leoš...

Why Pianist Roberto Plano turned his back on Italy

by Michael Johnson Added 13.10.2016
  Italian piano virtuoso Roberto Plano has made the big career move so many artists dream of – leaving home to find a better musical life elsewhere. Plano’s move leaves Italy behind and takes him to the United States, to an environment that he...

The intimate John Cage

by Michael Johnson Added 05.10.2016
Virtually all writing, talking and thinking about American experimental music in the 20th century turns eventually to the defining genius of the era, John Cage. His life, his anarchic music and his writings upended traditions beginning in the...

“Just Call Her ‘Tailleferre’ ”

by Michael Johnson Added 01.09.2016
We have come a long way since the day when female composers suffered denigration for their supposed inability to compose anything of substance. That battle is over, and the women have won. There is no longer any such thing as “women’s music,” if...

Così Fan Tutte: racial and sexual abuse should shock audiences, not the titillation

by Eleanor Smith Added 30.08.2016
The new production of Mozart and Lorenzo da Ponte’s classic opera Così Fan Tutte has attracted no shortage of controversy. After its premiere in Aix-en-Provence in France in July, the organisers of the Edinburgh International Festival wrote to...

Interview with Serge Bulat: Grappling with the concept of time

by Michael Johnson Added 26.08.2016
A new sound in the realm of electronic music is evolving from the mind of a transplanted Moldavan avant-garde composer now struggling to make his way in New York. He has based his recent work on “lounge electronica” but, he adds, “with a...

How to negotiate the tricky territory of 'fascist music'

by Ian Pace Added 10.08.2016
Certain musicians or pieces of music, for one reason or another, will always carry unsavoury associations. Wagner, whose music was co-opted by the Nazi party, is the obvious example. The overture of his opera Die Meistersinger von Nürnberg was...
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The Crown may be inaccurate but it's a cracking period drama

by Gabriele Neher Added 16.11.2016
The Crown, Netflix’s most ambitious and expensive original drama, had a reported budget of over US$100 million. The ten-part series charts the ascension of Elizabeth Windsor to the throne as Queen Elizabeth II, and follows the young monarch as...

How the rise in TV 'crime porn' normalises violence against women

by Ruth Penfold-Mounce Added 25.10.2016
Violence against women in television drama has always been high. But in recent years the graphic portrayal of this violence – particularly sexual attacks and murder of women – is on the increase, and the corpse count is rising. This type of...

Five films that Donald Trump should watch

by Andrew Dix Added 08.08.2016
Strange to say, but Donald Trump might have been a filmmaker rather than real estate magnate. As he informs us in The Art of the Deal, his book of autobiographical recollection and business advice, he “flirted briefly with the idea of attending...
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