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February 2, 2018

Monetary Policy
Federal Reserve The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

December 26, 2017

Public Health Threats and Pandemics
A heroin user reads an alert on fentanyl in New York City. The U.S. Opioid Epidemic

Opioid addiction in the United States has reached epidemic proportions, threatening not only public health but economic output and national security.

December 1, 2017

Political History and Theory
British soldiers marking the anniversary of the armistice that ended WW1. Ten Historical Anniversaries of Note in 2018

Anniversaries mark the passage of time, recall our triumphs, and honor our losses. Two thousand seventeen witnessed many significant historically anniversaries: the centennial of the U.S. entry into …

January 8, 2018

Vietnam
Play Vietnam 'The Road Not Taken: Edward Lansdale and the American Tragedy in Vietnam'

Max Boot discusses his new book, The Road Not Taken: Edward Lansdale and the American Tragedy in Vietnam. 

March 9, 2016

Monetary Policy
Is a Little Turbulence a Threat to Growth? Is a Little Turbulence a Threat to Growth?

The minutes of the FOMC’s January 26-27 meeting mention financial “market turbulence” five times, and report that members discussed its potential to “restrain U.S. economic activity.” Chair Janet …

November 9, 2016

United States
The President’s (Economic) Inbox

The election of Donald Trump creates extraordinary uncertainty about the future course of U.S. economic policy. Markets don’t like extreme unknowns, and there are valid reasons to fear that Trump’s p…

February 3, 2009

Immigration and Migration
Janet Napolitano, Homeland Security Secretary

Janet Napolitano, experienced in federal law enforcement and immigration issues, has been selected for secretary of the Department of Homeland Security.

April 2, 2015

Monetary Policy
Is the Fed Gonna Tighten Like It’s 1994? Or 2004? Is the Fed Gonna Tighten Like It’s 1994? Or 2004?

How will the Fed raise rates once it starts?  Gradually, in small steps?  Faster, with larger steps? In 2012, before becoming Fed chair, Janet Yellen argued for a later first rate-hike than would…

November 6, 2017

Economics
Play New York Stock Exchange World Economic Update

The World Economic Update highlights the quarter's most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

December 16, 2014

Monetary Policy
What Did the Greenspan Fed Do with Its “Considerable Time” Pledge in ’04? What Did the Greenspan Fed Do with Its “Considerable Time” Pledge in ’04?

The big question for the December 16-17 FOMC meeting is whether to drop the pledge to keep rates at near-zero for a “considerable time.” Prior to the last meeting in October, two-thirds of primary…