CHICAGO/NEW YORK—The AI race is already generating forces that are transforming the global economy. That makes it surprisingly similar to the green transition, given the potential of both to upend traditional industries, labor markets, and geopolitical balances. Both call for trillions of dollars in upfront investments in exchange for significant benefits over the medium and long term.

Jason Fochtman/Houston Chronicle via Getty Images Innovation 5 The Tech-MAGA Breakup Is Coming Stephen Holmes thinks the deepest fissure opening up in Donald Trump’s political base runs through the US electrical grid.

The Tech-MAGA Breakup Is Coming

ismagilov/Getty Images Longer Reads 10 The Mismeasurement of Europe’s Productivity Philippe Aghion, et al. The recent claim by a leading economist that the productivity gap between Europe and the US is a statistical mirage is demonstrably wrong. It is also dangerous to the extent that it lends support to those who claim that no major change in European growth and innovation policy is required. rebut the Nobel laureate economist Paul Krugman's recent claim that the gap with the US is a statistical mirage.

The Mismeasurement of Europe’s Productivity

The recent claim by a leading economist that the productivity gap between Europe and the US is a statistical mirage is demonstrably wrong. It is also dangerous to the extent that it lends support to those who claim that no major change in European growth and innovation policy is required.

Ronny Hartmann/AFP via Getty Images Economics 1 Why Isn’t Europe Poorer Than the US? Dalia Marin Nobel laureate Paul Krugman has a point when he says that European living standards have largely kept pace with those in the US, despite flagging growth and innovation. But this will not remain true indefinitely: restoring Europe's ability to compete at the technological frontier remains essential to its future well-being. warns that,........

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