Credit: Jonathan Nackstrand/AFP via Getty The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to economists Robert E. Hall and Michael Woodford for their research on how to stabilize an economy to avoid socially and economically damaging fluctuations in inflation, growth and employment. The work, in the words
Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports. It’s not the only economy reporting surging growth and export numbers. Japan, Malaysia, Singapore and mainland China all reported over 20% growth in exports in July. Exports from South Korea, home to chipmaking
I have studied climate tipping points.1 for more than 20 years, and I am increasingly concerned that scientists have overlooked the most dangerous aspect of these for societies. The possible collapse of important parts of the Earth system (from ice sheets to ocean circulations) will profoundly alter the planet’s warming and tilt it irreversibly toward
