Companies need effective incentives for ESG investing to achieve its goals, and that's not an easy matter.
Companies need effective incentives for ESG investing to a achieve its goals, and that's not an easy matter.
Supply-side measures must play a large role in restoring price stability.
Large deviations from normal patterns produce delayed responses, shortages, backlogs and bottlenecks, like those today.
When forecasts are not specific enough to be actionable, the supply response cannot adjust in a timely or efficient manner.
The post-pandemic economy could well be defined by the return of robust aggregate productivity growth.
Stocks in companies with high levels of intangible capital have recorded the biggest gains this year.
The baseline scenario seems to be one of continuity, with no obvious convulsions on the horizon.
The disconnect between the world's widespread political dysfunction and the strong global economy is mind boggling.
Open economies with significant institutional or political obstacles to structural change will underperform.