It is generally accepted in economics that financial variables tend to adjust more rapidly than real and policy variables. This seems to be the case this year with the three major transitions that are critical to the longer-term well-being of the global economy and markets. While this process is ongoing, policy makers would be well advised to put these changes ...

Sen. Bernie Sanders, I-Vt., wants the federal government to guarantee a job for every American willing and able to work. The proposal sounds compassionate and enlightened, but in practice, it would almost certainly be a disaster. The fact that it’s taken seriously is evidence that many Democrats, like Republicans before them, embrace loony economic agendas that are more public-relations gestures ...

It was only a decade ago that Nokia OYJ’s smartphone factory near Chennai was seen as the prototype solution for India’s chronic problem of too few women in the workforce. That unit, which at peak production boasted 8,000 permanent employees — 72 percent of whom were women – got left out of a global sale of the Finnish company’s mobile ...