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May 24, 2024

RealEcon
Weighing Biden’s China Tariffs

Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.

The truck cab is lowered on the frame of Ford Motor Co. battery powered F-150 Lightning trucks under production at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 20, 2022. - Construction crews are back at Dearborn, remaking Ford's century-old industrial complex once again, this time for a post-petroleum era that is finally beginning to feel possible. The manufacturing operation's prime mission in recent times has been to assemble the best-selling F-150, a gasoline-powered vehicle

May 16, 2024

RealEcon
The Fed’s Trade-Offs as It Navigates Inflation and Growth in 2024

The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates. 

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022.

May 2, 2024

Ukraine
Is U.S. Aid to Ukraine Too Little, Too Late?

U.S. aid is critical not just for Ukraine, but for U.S. credibility in Russia and beyond.

Ukrainian service members fire a L119 howitzer towards Russian troops, amid Russia's attack on Ukraine, in Donetsk region, Ukraine April 21, 2024.

May 23, 2024

Middle East Program
Constitutions Thick and Thin

The sharp debate in Israel last year over “judicial reform” raised basic questions that arise in most democracies about constitutions: What are they meant to be and to do? Even the definition of a…

May 28, 2024

Trade
The Man Who Would Help Trump Upend the Global Economy

As a potential U.S. Treasury secretary, Robert Lighthizer has more than trade policy to revolutionize.

U.S. Trade Representative Robert Lighthizer listens during a Senate Finance Committee hearing on President Donald Trump's 2020 Trade Policy Agenda on Capitol Hill in Washington, D.C.

March 4, 2024

United States
A Self-Absorbed America Means Disorder for the World

The dam holding back chaos in U.S. foreign policy is cracking.

Supporters of Republican presidential candidate and former U.S. President Donald Trump gather on the street with Trump flags, ahead of Super Tuesday, in Huntington Beach, California, U.S.

February 12, 2024

Palestinian Territories
Democracy and the Two-State Solution

The war in Gaza has focused attention once again on the search for solutions to the Israeli-Palestinian conflict. The solution favored by the United States, the European Union, most of the world’s de…

May 2, 2024

Turkey
Erdogan’s Crisis of Legitimacy and Its Consequences

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Supporters of Turkish President Recep Tayyip Erdogan listen to his speech during a rally ahead of local elections in Istanbul, Turkey, in March 2024.

January 19, 2022

Middle East and North Africa
Biden’s Middle East Strategy Is Ruthless Pragmatism

There’s a single thread connecting the White House approach to the region, from Syria to Saudi Arabia.

U.S. Secretary of State Antony Blinken and Saudi Arabia's Foreign Minister Faisal bin Farhan Al-Saud deliver remarks to reporters before meeting at the State Department in Washington, U.S., October 14, 2021