CAMBRIDGE — Just as 2020 was ending, the European Union and China announced the completion of a Comprehensive Agreement on Investment (CAI) between the two economic giants.

CAMBRIDGE — As Joe Biden eked out a victory in the US presidential election after a few suspenseful days, observers of American democracy were left scratching their heads.

CAMBRIDGE — The international trade regime we now have, expressed in the rules of the World Trade Organisation and other agreements, is not of this world. It was designed for a world of cars, steel, and textiles, not one of data, software, and artificial intelligence.

CAMBRIDGE — Innovation is the engine that drives contemporary economies.

CAMBRIDGE – Crises come in two variants: those for which we could not have prepared, because no one had anticipated them, and those for which we should have been prepared, because they were in fact expected.

CAMBRIDGE — We live in a world with an ever-widening chasm between the skills of the “average” worker and the capabilities demanded by frontier technologies.

CAMBRIDGE — Firms are the cornerstone of the modern economy. The bulk of production, investment, innovation, and job creation takes place within them. Their decisions determine not only economic performance, but also the health and wellbeing of a society.

CAMBRIDGE — Responding to pressures from within and without, the economics profession is gradually changing for the better. Not surprisingly, the populist backlash sweeping advanced democracies in recent years has produced some soul searching in the discipline.

CAMBRIDGE — Inequality looms larger on policymakers’ agenda today than it has in a long time.