BRUSSELS – Since the European Green Deal was introduced in 2019, European Commission President Ursula von der Leyen has touted it as the European Union’s new economic-growth agenda. After all, while the strategy’s core objective is climate-related – to reduce the EU’s greenhouse-gas emissions to net-zero by 2050 – it aims to achieve that by modernizing the economy and fostering innovation. But not everyone is convinced.
The Rise of Mesoeconomics Saul Loeb/AFP via Getty Images Longer Reads 5The Rise of Mesoeconomics
William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges. The “Billions to Trillions” Charade Mandel Ngan/AFP via Getty Images Free to read Economics 0The “Billions to Trillions” Charade
Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed. What the AI Pessimists Are Missing Philipp von Ditfurth/picture alliance via Getty Images Innovation 0What the AI Pessimists Are Missing
Michael R. Strain points out that the technology will help to address many of the risks it creates. In recent months, European drivers have complained about the EU’s looming ban on the production and sale........