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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 28, 2024

Elections and Voting
Ailing Democracy and Declining Women’s Representation: How They Are Related and What to Do About It

Annual reports on the health of democracy this year reaffirmed an ongoing trend of decline, which has occurred alongside a less heralded but related stalling of women’s political participation. Given…

A woman leaves after casting her vote at a polling station during the sixth phase of the general election, in New Delhi, India, May 25, 2024.

May 1, 2023

Sweden
Susanna Fellman: The Nordic Model of Capitalism in Historical Perspective: Past Successes and Future Challenges

While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of the …

European Commission Executive Vice President Valdis Dombrovskis and Swedish Finance Minister Elisabeth Svantesson attend a news conference in Marsta

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

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…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

October 17, 2022

China
Joshua Kurlantzick: My Previous Book on State Capitalism in China—Right Idea, Wildly Underestimated

Chinese President Xi Jinping has gone much further than analysts had predicted he would in state control of the private sector in China and departure from a consensus based authoritarian system to on…

Xi Jinping

February 26, 2007

Trade
Is the WTO Dispute Settlement System Fair?

Daniel J. Ikenson and Robert E. Lighthizer debate the mechanism for adjudicating trade arguments.

January 11, 2024

U.S. Foreign Policy Program
What to Do About Coups

Nothing may seem more obvious to supporters of democracy than the need to oppose, punish, and deter coups. But defining a coup, let alone reacting sensibly to one, is difficult for many democratic go…

A group of men approach and bang with their hands a military tank in a downtown street at night.