Every year, the international ruling class—the most influential world leaders, CEOs of big corporations, top academics, and even celebrities—come together at Davos. They discuss topics that interest them and prescribe their preferred policies. What’s your take on the Davos crowd and what they are do...

The economy is now at a perilous point of departure. There was no V-shaped recovery, and one should not be expected. There was a severe contraction in March–April 2020, followed by a recovery in July–September 2020. However, the recovery only made up part of the lost ground, not all of it. We had a ...