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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.

January 3, 2020

Election 2020
Campaign Foreign Policy Roundup: The Killing of Qasem Soleimani

Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: the U.S. drone strike that killed an Iranian general, the wisdom of Joe Biden’s Iraq vote, and for…

Demonstrators hold a picture of Qassim Suleimani as they protest his assassination by the United States in Tehran, Iran, on January 3. Nazanin Tabatabaee/West Asia News Agency via Reuters.

April 6, 2021

International Economic Policy
Avoiding a K-Shaped Global Recovery

With the support of its wealthy members, including the United States, the IMF should provide greater financial assistance and more liberal borrowing terms to help the world’s developing countries rec…

A shopper peruses masks at a street market in Dhaka, Bangladesh.

July 17, 2017

China
Have the Economic Constraints on China’s Geostrategic Ambitions Diminished?

The Council on Foreign Relations’ Greenberg Center for Geoeconomic Studies has just put out a new discussion paper by Willian Norris on an important topic: how China’s economic position shapes its fo…

August 3, 2006

China
Trade politics could get nasty fast

The US economy looks to be slowing.   Job creation (and wage growth; also see Leonhardt in the New York Times) wasn’t that impressive even when the economy was growing strongly.   Like many, I was st…