The magazine of international economic policy.

FROM THE LATEST ISSUE 

Has China Overtaken America?

Is America in danger of being “permanently overtaken by China’s technological and economic prowess,” as economist Paul Krugman argues? CNBC analyst Jim Cramer instead suggests China has “a press release economy.” Is the economic data even reliable?

A symposium of views

Featuring commentary by Dean Baker, Paul Cavey, Patrick M. Cronin, Jason Furman, James K. Galbraith, Nicholas R. Lardy, Jennifer Lind, Zongyuan Zoe Liu, Jim O’Neill, Derek Scissors, Atman Trivedi, Stan Veuger, Logan Wright, and Fuxian Yi.

Engineers vs. Lawyers

How to understand the U.S.-China economic showdown. TIE Executive Editor Owen Ullmann interviews Dan Wang, author of the new book Breakneck: China’s Quest to Engineer the Future.

The World’s Rare Earth China Fiasco

But just as fracking broke U.S. dependence on foreign oil, will there be alternatives that break China’s rare earth monopoly?

By Philip K. Verleger, Jr.

Is China’s Economic Policy Too Cautious?

Resilience is not the same as momentum.

By Jong-Wha Lee

Everything You Want to Know About the Future of Central Banking

But were afraid to ask.

By Biagio Bossone

Will Artificial Intelligence Turn Out to Be a Dream Killer?

Could artificial intelligence add to the already ferocious hate and contempt felt by many Americans toward their political leaders, toward their country, and toward themselves as they sit day after day, watching a screen, with nothing to do?

A symposium of views

Featuring commentary by Robert D. Atkinson, Dean Baker, Marjory S. Blumenthal, Michael J. Boskin, Adam Garfinkle, Gary Clyde Hufbauer, Joseph V. Kennedy, Mickey D. Levy, Michael Lind, Brink Lindsey, Robert E. Litan, and Robert A. Manning.

The Coming New World Order of Instability

The feedback loop is becoming a doom loop. An excerpt from Eswar S. Prasad’s new book The Doom Loop: Why the World Economic Order Is Spiraling into Disorder.

France’s Pathological Crisis

The budgetary equation has become untenable.

By Philippe Riès

Europe’s Problem Is Not Lack of Capital

It’s a lack of courage.

By Antonin Bergeaud, André Loesekrug-Pietri, and Jean Tirole

Crypto Kleptocracy

Beyond scams and volatility, crypto is planting the seeds of political self-enrichment amongst the cracks of public corruption law.

By Will Thomas and Jeffery Zhang

Washington’s Fundamental Mistake

A review of Bill McKibben’s new book, Here Comes the Sun.

By Philip K. Verleger, Jr.

Off the News

Why the world could soon hate America even more, chance of a booming 2026 U.S. economy, whether Trump’s Congressional base is in trouble, early Warsh, where the wealth is, and TIE Bookshelf.

Letter to the Editor

Paul Blustein responds to Ken Rogoff.

View from the Beltway

Trump and Xi: Bully buddies in arms.

By Owen Ullmann

Letter from Berlin

The Merz government’s sly tricks. How officials are circumventing the rules on borrowing.

By Klaus C. Engelen