Op-Eds
Peter Orszag argues that reforming medical malpractice law to include "safe harbors" that protect doctors who follow evidence-based medical guidelines could bring down health-care costs without reducing the quality of care.
See more in Economics, Health, Science, and Technology, Society and Culture, Health
Benn Steil's Wall Street Journal op-ed explains the unique historical circumstances in which the Bretton Woods international monetary system emerged in 1944, and why calls for "a new Bretton Woods" today will go unsatisfied.
See more in United States, China, Japan, South Korea, Economics, Emerging Markets, Geoeconomics, International Finance
Jagdish Bhagwati contends that proposals for immigration reform centered on guestworker programs will be unsuccessful in stemming the inflow of undocumented workers.
See more in Mexico, United States, Economics, Geoeconomics, Labor
Michael Spence argues that effective management of the assets side of national balance sheets is critical for promoting market efficiency, innovation, and resiliency.
See more in Economics, Economic Development, Financial Crises, Geoeconomics, Infrastructure, International Finance
Peter Orszag argues that simplifying access to financial aid can help more Americans earn college degrees, reduce inequality, and boost economic growth.
See more in Economics, Economic Development, Labor, Education
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.
See more in Economics, Financial Crises, Geoeconomics
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.
See more in United States, U.K., Economics, Capital Markets, Financial Crises, Geoeconomics, International Finance
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.
See more in United States, Economics, Financial Crises, Geoeconomics, International Finance, Labor
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
See more in Greece, Economics, Financial Crises, Geoeconomics, International Finance
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.
See more in Economics, Geoeconomics, International Finance
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.
See more in Economics, Financial Crises, Geoeconomics, International Finance, Labor, Society and Culture, Health, U.S. Strategy and Politics
Michael Spence describes how technological progress affects employment and why policymakers should increase investment in education and skills to help workers adapt.
See more in Economics, Economic Development, Geoeconomics, Labor, Technology Transfer
Peter Orszag outlines the obstacles that China faces on the road to becoming a high-income country and explains why other nations should take note.
See more in China, Economics, Business and Foreign Policy, Economic Development, Emerging Markets, Geoeconomics
Sebastian Mallaby argues that although it will not solve all U.S. economic woes, a manufacturing renaissance is both possible and desirable.
See more in United States, Economics, Industrial Policy
Peter Orszag explains why and how the federal government should encourage more clinical data registries, which can cut health care costs and improve patient outcomes.
See more in Economics, Health, Science, and Technology, Health, U.S. Strategy and Politics
Sebastian Mallaby argues the lesson from sub-Saharan Africa's economic turnaround is that policies do matter.
See more in Africa, Economics, Economic Development, International Finance
Michael A. Levi says, "The benefits of the oil and gas boom—jobs, wealth and, in the case of natural gas, reductions in greenhouse gas emissions—offer plenty of reasons to continue to develop these resources judiciously. But we should beware of turning this potential blessing into an unintended curse."
See more in United States, Energy/Environment, Energy
Sebastian Mallaby comes down in favor of Ben Bernanke's latest gamble as Fed chairman.
See more in Economics, Capital Markets, Financial Crises, Geoeconomics, International Finance
Peter Orszag explains why Build America Bonds could become victims of the fiscal cliff and why they should be saved.
See more in Economics, Financial Crises, Geoeconomics, Infrastructure, Congress, Presidency
Sebastian Mallaby argues that Europe's future is looking frighteningly like Japan's past.
See more in EU, Japan, Economics, Financial Crises, Geoeconomics, International Finance