CAMBRIDGE  —  Starting in the 1980s, transnational production enabled the expansion of global trade and low prices for goods, contributing significantly to economic growth.

CAMBRIDGE  —  The recent publication of the UK government’s Leveling Up White Paper is a significant event.

CAMBRIDGE — How should we measure economic success? Criticisms of conventional indicators, particularly gross domestic product, have abounded for years, if not decades.

CAMBRIDGE — In the period leading up to the 2008 global financial crisis, a few prescient voices warned of potentially catastrophic systemic instability. In a famous 2005 speech, Raghuram G.

CAMBRIDGE — In his elegiac memoir The World of Yesterday, which he wrote while in exile from the Nazis, the Austrian writer Stefan Zweig observed that most people cannot comprehend the prospect of catastrophic changes in their situation.

CAMBRIDGE — One of the economic challenges facing all Western governments in these uniquely testing times is how to redress geographic inequalities that have emerged over several decades.

CAMBRIDGE — This has been a brutal year, with the COVID-19 pandemic forcing governments around the world to close down many aspects of normal everyday life while supporting workers and businesses with extraordinary emergency measures.

CAMBRIDGE — In a 1996 lecture entitled “Big Bills Left on the Sidewalk”, the late Mancur Olson made a powerful observation: an individual from a poor country, say, Haiti, who migrates to a richer country like the United States immediately becomes vastly more productive and earns

CAMBRIDGE — Big Tech is back in the spotlight, and not in a good way.