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January 5, 2023

United States
The Economic Agenda After the Midterms

Following the 2022 midterms, control of Congress is split. Can both parties compromise to get any economic legislation passed?

U.S. President Joe Biden signs the Infrastructure Investment and Jobs Act on the South Lawn at the White House in Washington, U.S. November 15, 2021.

May 3, 2022

United States
James K. Galbraith: Can American-led Global Financial Capitalism Survive?

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly…

G7 summit in Brussels

June 15, 2023

United States
The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

Chair of the Board of Governors of the Federal Reserve Jerome H. Powell participates in a panel during the Central Bank Symposium in Stockholm, Sweden.

February 27, 2023

United States
Raghuram G. Rajan: Inclusive Localism- Communities’ Place in a Globalized World

The answer to disillusionment of those living in ‘left behind’ parts of advanced economies towards globalization lies in reinvesting in local communities and giving people more control over their dai…

U.S. President Joe Biden touts infrastructure spending on the Hudson River Tunnel project in New York City

February 4, 2022

Economics
R. Glenn Hubbard: Moving Past the "Walls" of Protection to "Bridges" of Participation

The response to disruptions caused by globalization and technological advances have been "walls" of protection that diminish economic dynamism. What is needed are "bridges" that connect individuals t…