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December 22, 2023

Venezuela
Venezuela: The Rise and Fall of a Petrostate

Venezuela’s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries.

People walk past an oil-themed mural in Caracas, Venezuela.

March 2, 2023

United States
The State of U.S. Strategic Stockpiles

President Joe Biden has tapped the nation’s emergency reserves several times over the past year. The Strategic National Stockpile is just one of the reserves that the United States maintains for econ…

Members of the Oklahoma National Guard Oklahoma National Guard walk toward the front of the Strategic National Stockpile Warehouse after unloading medical supplies.

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.

April 21, 2006

Global
The World Bank and Corruption

A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank’s new president, is seeking to reinvigorate the effort. But …