At 250, America is now producing a mindless, raw power and exponentially growing instability. The possibility of catharsis that characterized the United States at its bicentennial is hard to envisage a half-century later—to the detriment of us all.
Just a few months ago, oil prices were surging and there were forecasts it could get worse. But, defying forecasts of doom, oil prices are crashing to levels seen at the start of the war. The Economist predicted $150 oil, now they admit they were wrong. Yet, closing Hormuz was a bigger oil supply shock…
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This report is part of a series of country reports on national tax expenditure regimes, published by the Council on Economic Policies (CEP) and the German Institute of Development and Sustainability (IDOS), covering topics such as transparency, the fiscal cost of tax expenditures, benchmarking, evaluations and the political economy of tax expenditure reforms. DOWNLOAD in…
en English Economics Jul 13, 2026 Arvind Subramanian Because analysts tend to put the United States at the center of the global economic story, they have overlooked the single most important force of the past 50 years. But it will be…
A Zipline precision drone with a delivery pod underneath. Zipline South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone delivery service into new U.S. and international markets. Since Zipline started up…
Sebastian Siemiatkowski, CEO and co-founder of Swedish fintech Klarna, gives an interview with CNBC during the company’s initial public offering at the New York Stock Exchange in New York, Sept. 10, 2025. Brendan Mcdermid | Reuters Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to…
ATHENS—On the heels of America’s 250th anniversary, I felt the curious need to resist my usual penchant for economic and geopolitical analyses of claims made for or against the United States. Instead, I surrendered to an emotional, personal, indeed an Athenian, take on the global hegemon whose development and actions have shaped us all.