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Satyajit Das

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Innovation wave not a cure-all

Innovation, everybody hopes, will rescue the world from economic stagnation. I’m not so sure. The extent to which an innovation is significant depends on the...

False dawn in America

Markets are expecting big things from Donald J. Trump's presidency, at least as judged by long-term U.S. interest rates. After Trump's election in November,...

The closing of the world economy

Pundits and policymakers everywhere are bemoaning the rise of a new, inward-looking populism. Led by the likes of Donald Trump and Nigel Farage, those...
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