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

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. 

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

The U.S. Supreme Court overturned Roe v. Wade, which guaranteed the constitutional right to abortion for almost fifty years. How does regulation of abortion in the United States compare to that in th…

The Joe Biden administration’s steadfast show of support for Israel in its war with Hamas has reignited a torrent of anti-American sentiment in many Arab and Muslim communities.  

Decoupling and derisking, deglobalization, slowbalization, and localization. Journalists, columnists, and more than a few authors are touting the end of an era of hyperglobalization characterized by …

The country’s massive economic problems will be a vexing challenge for whoever becomes president.