August 14, 2018United States
This article was originally published in Foreign Affairs. In the age of Donald Trump, it often feels as though one individual has the power to chart the United States’ course in the world all by …
November 28, 2017Economics
The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous—and that thus increases the system's vulnerability to destabilizing shocks. Yet the baseline scenario seems to be one of continuity, with no obvious convulsions on the horizon.