The euro and its discontents

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For as long as there have been machines, there have been worries about their power to destroy jobs. The Luddites — early-nineteenth-century artisans who bitterly resisted the new textile machinery…

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From an interview conducted by Youngmi Mayer with Jung Won Oh, Ko Jun Ja, and Mun Yeon Ok, female divers on Korea’s Jeju Island, published in Lucky Peach: The Gender…

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This spring, Newark mayor Cory Booker, then considering a run for U.S. Senate, came to my office along with members of his staff to discuss national economic issues. We spent…

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The dismal future of the global fishery

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Debt forgiveness is one of the most important innovations of modern capitalism, but it is a fairly recent one. Though the Constitution gives Congress explicit authority to enact “uniform Laws…

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A global-warming get-rich-quick scheme

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China’s Wild West gets tamed

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It’s dangerous to express optimism about the economy these days. Europe’s financial markets remain fragile. China, which supports much of the world’s economy through imports, is too dependent on highly…

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