Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

Among G7 countries, Japan and the United States are the polar extremes in the type of capitalisms they represent. Although Japan today faces challenges of its own, its experience offers some lessons …

While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of the …