Matt Ridley, author of How Innovation Works, explains that all innovation involves an element of surprise—as do challenges, such as Covid-19, that we can only meet by innovating. “We should have been worrying about pandemics all along.”
The coronavirus has persuaded democracies around the world to trade individual rights for public health measures, surrendering liberty for safety—or so we keep hearing. Not so, says Josef Joffe. Citizens are not “endlessly docile.”
I gave the Peter G. Peterson Distinguished Lecture on “National Security and Fiscal Policy” at the Foreign Policy Association (FPA) in New York last week. Henry Fernandez gave a kind introduction and Tom Michaud moderated with great points. And thanks to FPA for the book edited by Michael Auslin and Noel Lateef, American in the World 2020.
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.