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May 3, 2024

Japan
The U.S.-Japan Alliance

The alliance with Japan has been the cornerstone of U.S. security policy in East Asia for decades. Now, Japan’s role in global security is growing as challenges from China and North Korea mount.  …

Former U.S. Defense Secretary Leon Panetta addresses U.S. and Japanese forces at Yokota Air Base outside of Tokyo, October 24, 2011.

December 14, 2021

Olympics
The Economics of Hosting the Olympic Games

The costs of hosting the Olympics have skyrocketed, while the economic benefits are far from clear. This has led to fewer states interested in playing host and a search for options to lighten the bur…

Lighting the Olympic Torch

July 5, 2022

Energy and Climate Policy
How Does the U.S. Power Grid Work?

Responsible for powering the country and its economy, the U.S. energy grid has come under increasing strain due to climate change, and the threat of cyberattacks looms.  

Power lines are seen in Rancho Cucamonga, California.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

December 27, 2023

Artificial Intelligence (AI)
What Is Artificial Intelligence (AI)?

Artificial intelligence breakthroughs promise unprecedented opportunity but also economic, political, and social disruption. Experts say AI needs oversight to ensure the changes it engenders are for …

A woman stands on stage, appearing to fade away as she faces a metaphorical representation of AI.

January 31, 2006

United States
Two Deficits, Fed Turnover

Two decades ago, the United States was the world’s largest creditor; now it’s the world’s largest debtor. As Ben Bernanke assumes the post of Federal Reserve chairman, succeeding Alan Greenspan, opin…