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March 11, 2019

United States
Benn Steil, Scholar of the Marshall Plan, Wins American History Book Prize

By Jennifer Schuessler New York Times [https://www.nytimes.com/2019/03/11/books/scholar-of-the-marshall-plan-wins-american-history-book-prize.html] March 11, 2019 Benn Steil, the author of “…

Benn Steil, Scholar of the Marshall Plan, Wins American History Book Prize

May 15, 2019

United States
Will the Fed Help Trump Fight His Trade War?

In a tweet on May 14, President Trump called on the Fed to “match” interest-rate cuts he expects from China “in order to make up for the business they are . . . losing” from his tariffs. But the …

Will the Fed Help Trump Fight His Trade War?

May 8, 2019

China
Belt and Road Tracker

This tracker shows how the Belt and Road Initiative has changed countries’ bilateral economic relationships with China over time.

May 16, 2019

Trade
The Truth About Tariffs

Tariffs have been applied over the years to protect homegrown industries and target competitors who are seen as using unfair trade practices. They impose costs on both importers and exporters and had been in decline until the recent U.S.-China trade war.

A steelworker tests a sample of steel at an Indiana mill in March 2018.

April 16, 2019

China
Does China’s “Invisible Hand” Steer Funds to State-Owned Firms?

“Market outcomes,” U.S. Trade Representative Robert Lighthizer told Congress in February, must “determine winners” in China. It can no longer be “state capitalism.” As a precondition for any t…

Does China’s “Invisible Hand” Steer Funds to State-Owned Firms?

April 9, 2019

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

KM Asad/NurPhoto via Getty Images

March 6, 2019

United States
Why Trump Should Stop Pushing Workers to Where Jobs Are Scarce

Ever since his campaign, Trump has trumpeted blue-collar job growth as a top policy goal. He pledged to “bring back” mining jobs, boost spending on infrastructure and construction, and spur manuf…

Why Trump Should Stop Pushing Workers to Where Jobs Are Scarce

February 15, 2019

United States
Why Schumer and Sanders Are Wrong on Buybacks

In a widely discussed New York Times op-ed, Senators Chuck Schumer and Bernie Sanders excoriated share buybacks as “corporate self-indulgence,” diverting profits away from investment and worker c…

Why Schumer and Sanders Are Wrong on Buybacks

January 28, 2019

United States
Lies, Damned Lies, and Indexes: Unlike the Big Mac, Our Mini Mac Finds Dollar Fairly Valued

var divElement = document.getElementById('viz1548707288666'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='600px';vizElement.style.he…

mini mac

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory