My estimates of equity risk premiums, updated every month, are not designed to make big statements about markets but more to get inputs I need to value companies. The biggest winner from globalization ...

For years, "globalization" has been blamed for shuttered factories, stagnant wages, and political anger across the American heartland. Yet the data and the policy record point to a different story: ...

The left is in shambles everywhere while hard-right and far-right parties are riding high in polls across the world. I contend that globalization is at the heart of these developments, and thus it is ...