27 Results for:

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

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.

July 16, 2023

United States
How Today Is Like the 1890s

The most popular historical analogy for current American troubles is the Civil War era. The second most popular is the Gilded Age. But where the 1850s do not meaningfully resemble today, the 1890s ce…

The U.S. flag flies near the Statue of Freedom atop the U.S. Capitol in Washington, DC.

May 16, 2023

United States
Why Today Is Not Like the 1850s

American politics turned hyper toxic several years ago, and ever since commentators have raised the specter of a second civil war. No other historical parallel, it seems, captures so viscerally today…

Supporters of former U.S. President Donald Trump stand near Confederate and U.S. flags in Wellington, Ohio on June 26, 2021.

March 17, 2023

United States
Revisiting America’s War of Choice in Iraq

Wars are fought not only on the battlefield but also in domestic political debates and in histories written after the fact. In the case of the US invasion of Iraq 20 years ago, we are still in this final phase, seeking an elusive consensus about the war’s legacy.

U.S. soldiers walk by a defaced poster of former Iraqi President Saddam Hussein in April 2003.