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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.

March 22, 2024

Climate Change
How Big a Climate Threat Are Atmospheric Rivers?

Atmospheric rivers are gaining in intensity across California and the western United States. Communities need to adapt to the havoc wrought by this weather phenomenon.

A brown river threatens to overflow alongside a highway.

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.

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 5, 2023

Europe
Why European Democracies Are More Resilient Than Expected

As winter neared, many observers were concerned about the resilience of European democracies during Russia’s war against Ukraine. The triple pressures of economic downturn and inflation, energy crisi…

A tugboat and vessel FSRU Exemplar, the floating liquefied natural gas (LNG) terminal, chartered by Finland to replace Russian gas, arrives to the Inkoo port, west of Helsinki, December 28, 2022.

December 9, 2022

Ukraine
Europe Has to Step Up on Ukraine to Keep the U.S. From Stepping Back

The state visit of French President Emmanuel Macron to Washington was meant to become a demonstration of trans-Atlantic unity. Instead, Macron bluntly warned that U.S. President Joe Biden’s promotion…

European Commission President Ursula von der Leyen gives a joint press statement with U.S. President Joe Biden at the U.S. Mission in Brussels, Belgium March 25, 2022.