The Economist

Two economists have won the profession’s highest honour for ideas that reshaped monetary policy. But a changing world is putting their models to the test.

The generation once accused of squandering its future on avocado toast is taking control of the economy.

THE ECONOMIST: If investors lose faith in governments, a bond market revolt could trigger another global economic crisis.

THE ECONOMIST: Until recently China had ridden out the Hormuz crisis with impressive agility but the situation is beginning to take its toll.

THE ECONOMIST: From thought-controlled computers to bionic limbs, Beijing is pouring money into the latest technology China wants to dominate.

THE ECONOMIST: From vinyl to cassettes to CDs to streaming, the music industry has been in a state of constant revolution. Should brands fight AI labs, or co-operate with them?  

THE ECONOMIST: The global supply expansion could bring about an equally disruptive gas glut.

THE ECONOMIST: From saving lives to fearing human extinction, the little-known movement has found itself at the centre of the battle over artificial intelligence.

THE ECONOMIST: A financial revolution is taking place as Wall Street feeds on AI, debt and mega deals.

Even with higher AI profits, taxes may be harder to find.

THE ECONOMIST: Pinning down the underlying rate may be harder than United States Federal Reserve chair Kevin Warsh thinks.

To the grandees gathered in New York this week, America does not look like a solution to the Middle East’s woes: it is a source of them.

The relationship between people and their AI representatives needs examination.

THE ECONOMIST: For now insurance bosses speak of data centres with glee. But where there are premiums, there will eventually be payouts.

THE ECONOMIST: Chipmakers’ record sales disguise a gloomy picture among other American companies trying to expand into the Chinese market.

THE ECONOMIST: Think Australian homeowners have it tough? We’re not alone.

The world must urgently try to forestall AI’s risk. Yet democracies must also avoid losing control to authoritarians. These are difficult and conflicting tasks. The stakes could hardly be higher.

THE ECONOMIST: As debt piles up and interest rates bite, rich countries face a borrowing reckoning that could get very painful.