Anticipating global trends.

Will the November 3 midterm elections change the direction of US industrial policy? Probably not. Bipartisan support for reindustrialization and economic security is increasingly entrenched, but effective national preparedness requires more than money, technology and military strength. This month's 3 on 3 examines expanding national-security regulation, the electricity demands of AI and the loss of manufacturing expertise. Drawing on contrasting experiences in Poland and Finland, it explores whether democratic societies can overcome institutional fragmentation and strengthen civilian resilience before a crisis makes coordinated action unavoidable.

Russian diesel, Middle East disruption, AI investment and China: three developments with wider economic consequences.

The best we can do is to simultaneously make the most of the extraordinary opportunity presented by AI, while taking prudent precautions against worst case scenarios. We have walked this tightrope before – with nuclear energy – balanced precariously between oblivion and hope. It’s what we humans have always done.

We are heading toward the merger of energy and finance instead of the substitution of one energy for another.

Now, at the dawn of the 21st century, we are in danger of repeating this tragic history by ignoring what the Covid19 pandemic has to teach us. The consequences of this willful blindness may be even worse that the early 20th century experience, because our technical progress has ensured that events can unfold much faster, especially negative ones.

We became interested in exploring a proposed 2020 tax policy change in Mexico that could negatively affect investor sentiment—in spite of improvements in Mexico’s overall attractiveness as a destination for FDI.

When John McCain definitely withdrew support from the Graham-Cassidy health care bill on Friday, he most likely also extinguished any hope of Congressional tax reform before 2018. Or did he?