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September 18, 2023

United States
Happy 76th Birthday to the United States Air Force

The United States Air Force marks seventy-six years of service.

Air Force 2023

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

February 24, 2020

China
Podcast: Fred Hochberg on the U.S.-China Trade Deal and U.S. Trade Policy

The phase one trade deal signed by the United States and China was heralded by many as an important first step in reducing trade tensions between the two countries. Yet, the benefits of trade have co…

Podcast President Trump hosts U.S.-China trade signing ceremony at the White House in Washington

August 24, 2006

China
My testimony on China - and the Bergsten/ McKinnon debate …

I had the opportunity to testify before the US-China Economic and Security Review Commission on Tuesday – on a panel with C. Fred Bergsten and Professor Ronald McKinnon of Stanford.   It is q…

July 21, 2011

Economic Crises
Why the U.S. Needs to Cut the Deficit

While Congress is likely to raise the U.S. debt ceiling ahead of the August 2 deadline, lawmakers will still need to hash out a long-term deficit-reduction package to avoid market disruption and pres…