A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly…

California Capitalism's greatest successes are in education, health and climate.  Its greatest challenges are inequality and affordable housing.