Economics and Policy

Speakers at the recent India Business Conference emphasized progress — and obstacles India must still hurtle.

The pharmaceuticals industry has attracted heightened scrutiny from the media and politicians in the aftermath of a well-publicized scandal. But new evidence suggests that, for now at least, the cost of pharmaceutical innovation is well worth it.

With governments deadlocked over spending, the private sector may be the best hope for easing congestion and making critical repairs to America’s outdated roadways. But to reap the rewards, drivers will have to pay up.

Central banks are operating on old, discredited models. The result: even as interest rates fall, business investment has stagnated.

Think China's slowdown is responsible for the collapse in commodity prices? Not so fast.

With a massive boom in production, natural gas and renewables offer an attractive means to green the U.S. economy. But achieving a truly carbon-free world may require reviving the nuclear dream.

Three realities — social injustice, massive inequities, and a loss of trust in elites — define the political moment in the United States

Once their paychecks clear, consumers are more likely to hit the stores, and when they do, to splurge on pricier items — a wrinkle in standard economic theory, but a potential boon for regulators in zero-interest-rate environments.

The search for higher yields drove investors and speculators to developing countries. But capital flows are now reversing.

Arab countries can't sustain growth until the state-owned model is dismantled, said Hedi Larbi, economic advisor to the Prime Minister of Tunisia, during a recent Chazen Institute talk.