With this new American energy renaissance, Meghan L. O'Sullivan says, "The United States needs to rethink its grand strategy; strength in the energy domain can be a major driver of U.S. influence in a world in which American power is more diffuse."
Peter Orszag argues that simplifying access to financial aid can help more Americans earn college degrees, reduce inequality, and boost economic growth.
Peter Orszag finds good news about health care costs in the latest budgetary and economic projections released by the CBO, but he cautions that the outlook for unemployment and federal spending is still gloomy.
France says it will withdraw from Mali once an African peacekeeping force is in place. To keep Islamists at bay, the United States is considering increasing its military presence in the region. A better approach is to focus on fixing the governance issues that fuel radicalism to begin with, says John Campbell.
Benn Steil's Wall Street Journal Europe op-ed, co-authored with Dinah Walker, argues that the Bank of England is getting "Libored"—that is, misled and manipulated—by the banks benefiting from its Funding for Lending Scheme. The Fed, which has shown interest in the scheme, should beware.
Because a financial crisis can inflict lasting damage to productivity growth, Peter Orszag argues that the failure of U.S. policymakers to enact a "barbell" fiscal policy now could yield more economic troubles down the road.
Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, shows why last March's Greek debt restructuring left Greece in poor shape to avoid financial collapse
In the nuclear dispute between Iran and the United States, a grand bargain is unlikely given the level of mistrust between the two parties. What's more realistic is a modest compromise that breaches the wall of mistrust and potentially sets the stage for further-reaching arms control measures, says Ray Takeyh.
Peter Orszag explains how globalization is lowering effective corporate tax rates and making it harder for Republicans and Democrats to agree on what tax reforms are needed.
Peter Orszag argues that aggressive action to continue recent slowing in health-care cost growth can help to stabilize the U.S. fiscal trajectory and increase take-home pay.
"What is clear is that there is no shortage of challenges or opportunities beyond America's borders. What may matter most when it comes to this country's national security, though, is whether it can put its own economic and political house in order," says Richard N. Haass.
Michael Spence describes how technological progress affects employment and why policymakers should increase investment in education and skills to help workers adapt.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
The biggest threat to America's security and prosperity comes not from abroad but from within, writes CFR President Richard N. Haass in his provocative new book. More
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More