WASHINGTON, DC:The heart of Donald Trump’s proposed economic policies are big new tariffs on all goods imported into the United States. The former US president claims that tariffs will protect jobs, increase wages, and usher in a new era of...
WASHINGTON, DC: In many countries, innovation and good jobs have become increasingly concentrated in a few places. Some big cities have done well, but many regions feel left behind. In the United States, the United Kingdom, many countries in...
WASHINGTON, DC : The recent BRICS summit in South Africa marks the start of a new phase of Great Power competition. At the apparent urging of China, the BRICS group (which also includes Brazil, Russia, India, and South Africa) invited six other...
WASHINGTON, DC: In 2012, the Commodity Futures Trading Commission grabbed international attention by investigating the manipulation of LIBOR, Euribor, and other interest-rate benchmarks. By 2015, the CFTC had fined six financial intermediaries a...
WASHINGTON, DC: Helping Ukraine win its war against Russia is essential for European and global security. The good news is that the United States and its allies have recently taken two major strategic steps in the right direction, providing more...
WASHINGTON, DC: After a year of big surprises, led by Russia’s invasion of Ukraine, the global spike in inflation rates, and the collapse of cryptocurrency ventures, what kind of year will 2023 prove to be? This kind of short-run question is...
WASHINGTON, DC: Vladimir Putin’s illegal annexation of four regions of Ukraine, which he claims are now to be regarded as part of Russia, represents a major escalation of the war he launched in February. The parallels with Hitler’s...
WASHINGTON, DC : An air of pessimism about the future of the American economy pervades some official circles in the United States and elsewhere. It’s time to dispel it. The pessimists worry that a series of supply shocks over the past two...
WASHINGTON, DC: It is easy to see who is losing the most from the Russian invasion of Ukraine: Ukrainian civilians, victims of war crimes and missile terror, and the millions around the world for whom food is now more expensive, because...
WASHINGTON, DC: On February 24, the first day of the full-scale invasion of Ukraine, the West paid Russia about $500 million. That’s the average daily value of purchases of Russian energy by the European Union, the United Kingdom, and the...
WASHINGTON, DC: There is an adage that you cannot have back-to-back financial crises. The implication is that a financial crisis causes people to be more careful – so any bank, investment firm, or investor who survives one crisis will not be...
WASHINGTON, DC – Throughout 2020 and into early 2021, there was hope that with some luck and enough vaccines, it would be possible to end the COVID-19 pandemic in a quick and decisive manner. By this summer, it became clear that this would...
