Schools brief

Putting on weight

Governments can borrow more than was once believed

Hence only muted concern about borrowing to respond to covid-19

Hard work and black swans

Economists are turning to culture to explain wealth and poverty

As a result, the ideas of the earliest economists are being revised and improved

Buck up

Global trade’s dependence on dollars lessens its benefits

Policymakers around the world yearn to be free of the greenback’s grip

Hidden figures

Why does low unemployment no longer lift inflation?

The Phillips curve, the logic of which guides central banks today, has become oddly flat

Raising the floor

What harm do minimum wages do?

Three decades of research have led to a rethink

When big isn’t beautiful

What more should antitrust be doing?

The first of a series on areas where economists are rethinking the basics

Softening the blow

Climate adaptation policies are needed more than ever

People are already suffering from catastrophic losses as a result of extreme weather events like cyclone Amphan

Not-so-slow burn

The world’s energy system must be transformed completely

It has been changed before, but never as fast or fully as must happen now

Bad times

Damage from climate change will be widespread and sometimes surprising

It will go far beyond drought, melting ice sheets and crop failures

Where nature ends

Humanity’s immense impact on Earth’s climate and carbon cycle

Much needs to be done for the damage to be reversed

Projections of the future

How modelling articulates the science of climate change

From paper and pencil to the world’s fastest computers

The problematic politics of climate change

Why tackling global warming is a challenge without precedent

The first of six weekly briefs looks at the history of efforts to limit greenhouse-gas emissions