Free exchange

Our economics column offers rigorous analysis, insights into global trends and policy debates


Finance & economics

EU handouts have long been wasteful. Now they must be fixed

New research highlights their failures

Finance & economics

Americans are wrong to wish for an era of stable bipartisanship

Even though political instability is an economic threat

Finance & economics

Xi Jinping really is unshakeably committed to the private sector

He balances that with being unshakeably committed to state-owned enterprises, too

Finance & economics

How much cash should be removed from the financial system?

Undoing quantitative easing provokes fierce debate

Finance & economics

The economics of the tennis v pickleball contest

Don’t hate the new players—or the new game

Finance & economics

Is America approaching peak tip?

The country’s gratuity madness may soon calm, so long as Donald Trump does not get his way

Finance & economics

Does motherhood hurt women’s pay?

Two new studies suggest not—at least in the long run, and in Scandinavia

Finance & economics

Why global GDP might be $7trn bigger than everyone thought

The discovery has perturbed Chinese officials

Finance & economics

Why any estimate of the cost of climate change will be flawed

Temperature fluctuations are unpredictable. Humans are even more so

Finance & economics

Shrinking populations mean less growth and a more fractious world

Politicians must act now to avert the worst

Finance & economics

Diego Maradona offers central bankers enduring lessons

Recent years ought to have reduced the importance of a skilful feint. They have not

Finance & economics

Could America and its allies club together to weaken the dollar?

China would not be happy

Finance & economics

Working from home and the US-Europe divide

Americans are no longer the rich world’s great office drones

Finance & economics

Is inflation morally wrong?

Workers think so. Economists disagree

Finance & economics

Can the IMF solve the poor world’s debt crisis?

The fund will freeze out China if that is what it takes to offer relief

Finance & economics

What will humans do if technology solves everything?

Welcome to a high-tech utopia

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