Eschewing the idea of a single truth, the recently deceased English artist David Hockney showed that the world unfolds before us in ways we cannot fully understand. After long clinging to the pretense of certainty, economists would do well to embrace the same insight.
President Trump often says we’re the hottest country in the world, seeing trillions in investment. His number keeps rising while the Department of Commerce just restated $19.2 trillion. Most of this is from domestic sources, but the White House tally for foreign investment looks close to $6 trillion, led by the UAE, Qatar, Japan plus others as…
Carbon tax could push investment out of Alberta—for no environmental benefit beng Tue, 07/14/2026 – 10:51 EST. READ TIME 3 MIN. Back in 2021, Mark Carney spoke before a parliamentary committee in the United Kingdom about how countries can reduce their carbon emissions without harming economic competitiveness. He said “the most effective policy is a…
en English Longer Reads Jul 17, 2026 Harold James Like many advanced democracies, France has long cycled between periods in which its politics were divided along traditional left-right redistributionist lines, and those in which culture war issues took center stage. If…
Thursday, December 18, 2025 Mexican Crime Organizations and the Synthetic Drug Crisis Thousands of Americans die each year after overdosing on illicit synthetic drugs, including synthetic opioids like fentanyl. Transnational criminal organizations have played a central role in fueling this health crisis here in the United States. In a new report, we look specifically at…
This year, a wave of new company taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. disclosures is incoming—a response to increased transparency requirements from US accounting standards, the European Union, and Australia. The…
President Donald Trump points his finger as he signs an executive order on AI next to Senate Commerce Committee Chairman Ted Cruz, R-Texas, left, and Commerce Secretary Howard Lutnick, in the Oval Office at the White House in Washington, Dec. 11, 2025. Al Drago | Reuters The Trump administration has taken new steps to assert…
LONDON—If it is true that art imitates life, works of imagination can reflect underlying truths about our own experience. The English artist David Hockney, who died last month, certainly understood that. In reflecting on his brilliant and endlessly joyful work, even the most dismal-minded economist might learn something about how to interpret reality.