Sebastian Mallaby considers how economic forecasters should adapt their methods to reflect today's high levels of policy uncertainty.

As the edge of the fiscal cliff approaches, Peter Orszag lays out the paths available to the Obama administration in negotiating with Congress over the expiring Bush tax cuts and entitlement reform.

Peter Orszag proposes a placeholder deal to get around Congressional gridlock over the expiring Bush tax cuts by establishing a temporary tax refund that would last until either a permanent deal was reached or the unemployment rate dropped.

Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, analyzes Mitt Romney's budget math. Without questioning the candidate's assumptions on growth or available sources of revenue, they estimate a roughly $1 trillion annual budget gap.

Michael Spence shares his bullish outlook on emerging markets and their ability to rebound from a global growth slowdown.

Peter Orszag and Jonathan Orszag argue that, though conspiracy theories regarding the Bureau of Labor Statistics are misguided, BLS methods for compiling macroeconomic statistics do need updating to harness the power of "big data."

Peter Orszag argues that Representative Paul Ryan's budget plan would risk stranding elderly patients who wish to remain enrolled in Medicare.

Benn Steil's Wall Street Journal op-ed, co-authored with Dinah Walker, shows that the Fed has effectively been targeting "risk on, risk off"—prodding investors into and out of risky financial assets—for over a decade now. He derives a rule that predicts the Fed's behavior since 2000 even better than the "Taylor Rule" did from 1987 to 1999.

Michael Spence examines the causes of recent distress in both advanced and developing economies and evaluates potential policy responses.

Peter Orszag describes recent research that bolsters the case for shifting away from a fee-for-service health-care system.

Sebastian Mallaby argues that simplicity should trump complexity as finanical regulators seek new defenses against risk.

Peter Orszag defends the Independent Payment Advisory Board as a critically important part of the ongoing effort to shift U.S. health-care away from the fee-for-service model.

Sebatian Mallaby argues that excessive patent protections in the tech industry threaten innovation.

Peter Orszag contends that Representative Paul Ryan's budget plan is not a serious proposal for solving America's long-term fiscal problems.

Sebastian Mallaby argues that the woes of the U.S. workforce should convince politicans of the urgent need for tax, welfare, and education reforms.

Jagdish Bhagwati faults the Obama administration and the Democratic Party for fostering anti-Indian sentiment with their protectionist rhetoric.

Peter Orszag highlights the selection effect problem that can drive up health-care costs when private insurance plans bid to cover Medicare beneficiaries.

Michael Spence and David Brady cite risk aversion, rigid political systems, and a dearth of effective policy tools among the factors incapacitating political leadership in the world's major economies.

Robert Rubin writes that the ECB would risk losing its credibility and stoking inflation if it did not impose conditionality on its bond-buying program.

Peter Orszag calls for the revival of Build America Bonds to channel tax subsidies to state and local governments for infrastructure investment.