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April 1, 2016

Monetary Policy
Fed Dot-Plotters Diverge on Inflation, Converge on Policy

“Battling for Yellen’s soul” is how Bloomberg described recent statements by Board members Stanley Fischer and Lael Brainard. Fischer has emphasized upside risks to inflation, Brainard downside ri…

Fed Dot-Plotters Diverge on Inflation, Converge on Policy

November 22, 2016

United States
Fiscal Reflation in One Country

President-elect Trump wants to cut taxes and increase investment in U.S. infrastructure (or at least provide a tax break for existing infrastructure investment) and doesn’t seem especially worried if…

October 11, 2016

Technology and Innovation
Four Things I Learned from Visiting Argonne National Laboratory

For seventy years, Argonne has hosted cutting-edge scientific research. The first national laboratory in the United States, Argonne was created in 1946 as an extension of the Manhattan Project to dev…

Simulation of charging the Chevrolet Volt’s lithium-ion battery, developed jointly with Argonne National Laboratory (General Motors)

January 2, 2014

Education
Is There a Skills Gap? It’s Less Clear-Cut Than You Think

Closing the “skills gap” is high on the list of priorities for Washington policymakers. But the debate behind the skills gaps—whether it exists, how large it might be, and what to do about it—is much…

Case worker Jessica Yon discusses job eligibility for unemployed people at a jobs center in San Francisco, California (Robert Galbraith/Courtesy Reuters).

June 17, 2013

Education
Progress Report and Scorecard: Remedial Education

The Renewing America Initiative is publishing today a new Progress Report and Infographic Scorecard on federal education policy entitled “Remedial Education.” There is no single issue that is more im…

The CFR Renewing America Education Scorecard

March 21, 2013

Trade
The Rising Tide: A New Look at Trade, Jobs, and Wages

In the Council on Foreign Relations 2011 Independent Task Force on U.S. Trade and Investment Policy, we noted that many economists had begun to worry that growing U.S. trade with developing countries…

A man rides his motorcycle past shipping containers at the Port of Shanghai (Aly Song/Courtesy Reuters).

December 16, 2013

United States
The Un-American Studies Association

The American Studies Association has voted 2-to-1 for an academic boycott of Israel. The best comment on this move came from former Harvard president Lawrence Summers, who criticized the idea that …

August 29, 2012

Education
Globalization, Job Loss, and Stagnant Wages: The Evidence Is Changing

For decades, economists resisted the conclusion that trade – for all of its many benefits — has also played a significant role in job loss and the stagnation of middle-class incomes in the United Sta…

An employee works on the assembly line at GM's Toledo Transmission Plant in Ohio (John F. Martin/General Motors Handout/Courtesy Reuters).

May 29, 2012

Education
A Long-Term Fix for Long-Term Unemployment

The gaps in the U.S. social safety net are about to become very large holes. For the past several years, lawmakers have repeatedly voted to extend unemployment insurance benefits, most recently in Fe…

A man looks at employment opportunities in San Francisco (Robert Galbraith/Courtesy Reuters).

February 27, 2012

Trade
Morning Brief: Remaking the U.S. Tax Code

In the Financial Times, former U.S. Treasury Secretary and Director of the National Economic Council Lawrence Summers writes that 2013 is the year the U.S. tax code should undergo a major overhaul. "…