If political leaders in the US don’t tackle both structural fiscal adjustment and tax reform, 2025 will be a year of reckoning.
Economic common sense is too often sacrificed for political expediency. Steel may be the next such case.
After five decades of widening inequality and stagnant pay, low- and middle-income workers in the United States experienced a significant
The breakdown of Germany’s postwar centrist political consensus poses risks for Germany and Europe. Elections this year could not be more
Educating young people to thrive in increasingly diverse schools requires reimagining how we build a shared sense of belonging among youth.
Central bank independence is considered essential for the effective conduct of monetary policy. But has that independence been compromised
We must not allow the ongoing war in Ukraine and the fighting in Gaza to distract us from collective efforts to reduce our greenhouse-gas
Contrary to what leading tech companies claim, it is entirely possible to ensure that generative AI models respect copyright and compensate
Medicare is a program so good that it is worth improving. But powerful vested interests stand in the way of a system that could provide better
Finding a two-state, economically viable solution amid the ‘archipelago’ that is Palestinian territory will be a major challenge.
Supporters of populist parties often resent experts who believe their specialized knowledge entitles them to make major policy decisions.
Complexity is common. The better we understand its sources, the better we can address its challenges.
A year from now Americans will be heading to the polls to select their next President, and crime will be one of the key issues.
The Fed is a self-described ‘data dependent’ decision-maker. But that’s not all. Its aversion to inflation risk and its abiding reliance
Recent scholarship has done much to reopen the case in favor of selective government intervention to promote specific industries in particular
Owing to the one-child policy and the legacies of other less-appreciated Chinese development measures over the years, the stage has long been
Between now and the end of this decade, climate-related investments need to increase by orders of magnitude to keep the world on track toward
As climate change worsens, we must move beyond technological fixes that accelerate production and promote consumption. Indigenous practices
The world’s most vulnerable countries bear the brunt of a climate crisis they did not create, underscoring the urgent need for a “fit
Following the first Republican debate of the US presidential primary season, there is good reason to worry about what a Republican victory
China’s economy suffers from excesses in real estate, slowing GDP growth and deflation. Those trends will be difficult to reverse. China’s
Almost 40 years ago, Carl Sagan testified before the US Senate on climate change. He noted, “If you don’t worry about it now, it is too
Beginning in the mid-1980s, the prevailing belief among Indian and international observers was that the authoritarian Chinese regime would
At a time when the United States is asking its allies to help it counter China, its wasteful, inefficient industrial policies are making it