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June 9, 2022

China
Virtual Roundtable: 50 Years Later: What Direction for China and Its Legal System

Five decades ago, China was closed off to the world. In 1972, Jerome Cohen was part of the first U.S. delegations to travel to China after Richard Nixon’s historic visit. A pioneer in Chinese legal s…

Play Chinese officials speak at a national meeting in Beijing

May 26, 2022

United States
What the Korean War Era Reveals About the Fed’s Inflation Dilemma

High inflation during the 1950s shared many similarities to today’s rising prices, including a supply crunch due to a national emergency.

A customer shops at a store in New York City in May 2022 as annual inflation surpasses 8 percent.

January 7, 2022

Monetary Policy
Inflation: Learning the Proper Lessons From History

Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.

Prices are seen displayed at a BP gas station in New York City in November 2021.

November 23, 2021

Supply Chains
How to Fix Global Supply Chains for Good

Truck-driver shortages, “lean” inventories, and an overreliance on China plagued global supply chains long before the pandemic. Permanently addressing these and other issues will help the United Stat…

Containers are stacked at the Port of Long Beach, California, in November 2021.