188 Items

John Krafcik, CEO of Waymo Inc., the autonomous vehicle company created by Google's parent company, introduces a Chrysler Pacifica hybrid outfitted with Waymo's own suite of sensors and radar at the North American International Auto Show in Detroit on Jan. 8, 2017. AP Photo/Paul Sancya, File.

AP Photo/Paul Sancya, File

Analysis & Opinions - Wall Street Journal

The Fed Can’t Save Jobs From AI and Robots

| June 10, 2018

The day is coming, experts tell us, when artificial intelligence and robotics will massively disrupt the labor market. Autonomous vehicles will put 3.5 million truck drivers at risk of losing their jobs. Checkout machines may replace 3.4 million retail cashiers. That is only the beginning of the long list of jobs that will be destroyed by technological change.

Visitors look at a Chinese company's industrial machinery used for processing soybean at the international soybean exhibition in Shanghai. April 12, 2018 (Andy Wong/Associated Press). Keywords: China, trade, soybeans

Andy Wong/Associated Press

Analysis & Opinions - Project Syndicate

The Next Step for Chinese Economic Policy

| Apr. 23, 2018

Now that it has risen to the top of the global economy, China must adopt the necessary reforms to become fully compliant with the international rules that it accepted upon joining the World Trade Organization in 2001. Its current policy will only lead to a serious trade conflict with the US

In this August 17, 2010 file photo, a statue of the Albert Gallatin, the 4th Secretary of the Treasury, stands on the north patio of the US Treasury Building in Washington.(AP Photo/Pablo Martinez Monsivais, File)

(AP Photo/Pablo Martinez Monsivais, File)

Analysis & Opinions - Project Syndicate

The Heightened Risks of a US Downturn

| Jan. 26, 2018

The US economy has experienced nine recessions during the last 50 years. What makes the current situation unusual and more worrying than in the past is the low level of short-term interest rates and the high (and rising) level of federal debt, which will limit policymakers' ability to provide the stimulus needed to counter a recession.

President Donald Trump speaks on national security on Dec. 18, 2017, in Washington. Trump said his new national security strategy puts "America First." (AP Photo/Evan Vucci)

AP Photo/Evan Vucci

Analysis & Opinions - Project Syndicate

Economics and American National Security

| Dec. 26, 2017

The National Security Strategy released by the White House earlier this month differs from the previous congressionally mandated strategies that have been prepared every four years. The 2017 NSS is different because it emphasizes the role of the economy: “Economic security is national security,” the new NSS avers.

Vincent Tacconelli aerates printed sheets of dollar bills, the first currency notes to bear the signatures of Treasury Secretary Steven Mnuchin and Treasurer Jovita Carranza, November 15, 2017, at the Bureau of Engraving and Printing in Washington.(AP Photo/Jacquelyn Martin)

(AP Photo/Jacquelyn Martin)

Analysis & Opinions - Wall Street Journal

New Priorities for a New Fed Regime

| Nov. 29, 2017

Now is a good time for those who hope to see new thinking at the Federal Reserve. There will soon be a new Fed chairman and vice chairman. The president of the Federal Reserve Bank of New York, who serves as vice chairman of the Federal Open Market Committee, will also be replaced in the coming months. And a majority of the Fed’s Board of Governors will be new next year.