Rudderless America (J. Bradford DeLong)

It should be obvious by now that the second Trump administration has no policies, nor even any policymaking processes. All that matters are the “instincts” of one ignorant man, and the eagerness of those around him to put their own interests ahead of the fate of the country. BERKELEY – Eight years after US President …

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Global supervolcano threat rises as scientists sound the alarm (Joseph Shavit)

Supervolcanoes act on long, quiet timelines, making them hard to predict. (CREDIT: Joe Burgett)© The Brighter Side of News Volcanoes have stirred human awe for thousands of years, with their bursts of fire and rivers of molten rock. Yet, beyond the familiar cone-shaped peaks lies a more silent, hidden danger—supervolcanoes. These colossal forces don’t rumble often, …

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Migration and Refugee Policies Steer People, and Economies, in New Directions (Paula Beltran Saavedra, Nicolas Fernandez-Arias, Samuel Mann, Carolina Osorio-Buitron)

When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere Migration has always been an integral part of humanity’s history and success. As of last year, more than 300 million people had legally relocated in search of greater opportunity—as migrants—or to escape conflict or natural disaster—as refugees. That number has almost …

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How Rising Geopolitical Risks Weigh on Asset Prices  (Salih Fendoglu, Mahvash S. Qureshi, Felix Suntheim)

Heightened tensions can hurt stock markets, raise government borrowing costs, and pose risks to financial stability Global geopolitical risks remain elevated, raising concerns about their potential impact on economic and financial stability. Shocks such as wars, diplomatic tensions, or terrorism can disrupt cross-border trade and investment. This can hurt asset prices, affect financial institutions, and curtail …

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Harmonizing Democracy and Tech (Andrew B. Hall)

Andrew Hall is a senior fellow at the Hoover Institution and the Davies Family Professor of Political Economy at the Stanford Graduate School of Business. He is an advisor to Meta Platforms Inc. and the a16z crypto research group. His research team uses econometrics, statistics, and data science to study technology, politics, and decentralized governance. …

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Who Will Drive the Post-American Global Economy? (Jim O’Neill)

For any country that depends on international trade and markets, it is now obvious that even if the United States can be persuaded to rein in its trade-war policies, new trading arrangements will be necessary. There has never been a better time to pursue new, coordinated strategies to boost domestic demand. LONDON – Since the …

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