/ TAG Economics

With rock-bottom low interest rates, we’re making money cheap, and this tsunami of debt is changing the structure of the entire economy.

Right now, the state of the economy when someone graduates does more to determine their lifetime earnings than anything they actually do in college.

Ad veteran Martin Sorrell told an online Techonomy roundtable that the economy will be back by end of year, Trump will be reelected, and that few non-digital vestiges will be left in society and business once COVID gets through with us.

How do we get from this world to one in which people get on planes, go out to dinner, to dentist appointments and to Disney World?

Governments increasingly recognize that economies can reach their full potential only with the full participation of both women and men. To help countries achieve this goal, the World Bank Group is focusing on four key areas in particular.

In contrast to recessions driven mainly by a demand shortfall, the challenge posed by a supply-side-driven downturn is that it can result in sharp drops in production, generalized shortages and rapidly rising prices.

The United States’ federal budget deficit is currently projected to explode, increasing the federal debt to unprecedentedly high levels. A very gradual fiscal consolidation, with federal spending as a share of GDP declining slightly each year, would both raise economic growth and create a more resilient economy.

The recent push by big business in favor of a more socially and environmentally conscious corporate-governance model is not just empty rhetoric. With the public losing trust in business and markets, it is now in everyone’s interest to reform the system so that it delivers prosperity for the many, rather than the few.

It doesn’t take much to spark corrections in vulnerable economies and markets, and big shocks to highly vulnerable systems are a recipe for crisis. That’s why the vulnerability of today’s global economy—reflected in real economies, financial asset prices and misguided monetary policy—needs to be taken seriously.

Mohamed A. El-Erian warns that today’s positive macroeconomic and financial conditions could be the calm before the storm.

Although there is increasing support for the idea that central banks should actively contribute to the fight against climate change, monetary policymakers have no mandate to do so, and for good reason. Tackling climate change is—and must remain—the responsibility of elected governments and parliaments.

Health care, immigration and trade have been hot topics during the campaign and are likely to come up during the fifth Democratic debate.

Dimensional Fund Advisors’ David Booth on why you should change the way you think about investing.

Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the U.S. Federal Reserve or any one sector of the economy, but rather from the White House.

Katharina Pistor draws lessons from past experience for a new generation of mission-oriented lending institutions.

Contrary to popular belief, entrepreneurship has been on a worryingly downward trend since the 1980s—here’s why.

The 2008 financial crisis, together with failed efforts to combat climate change and sharply rising inequality, has frayed the neoliberal consensus that has prevailed in the United States and much of the West for more than two generations. Three issues must be considered in weighing what comes next.

Mitigating or fully avoiding the negative effects of extractive, destructive industries and companies is genuine cruelty-free investing. Vegan ETF makes responsible investing easy for anyone.

Economist Steven Pressman explains why the U.S. has a ceiling and why it’s time to abolish it.

Jeffrey D. Sachs explains the issue with the United States’ economic blockades and the effect that’s having on the world.