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September 18, 2023

Economics
Is Industrial Policy Making a Comeback?

The threat of climate change and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.

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.

June 27, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

U.S. lawmakers have increasingly used the debt ceiling to re-litigate congressional spending, risking default and sparking debate over whether to abolish the ceiling.

An exterior view of the Capitol dome with storm clouds in the background.

June 21, 2023

Infrastructure
How U.S. Aviation Infrastructure Works

Civil aviation plays a crucial role in the U.S. transportation network and economy. Ongoing turbulence from the COVID-19 pandemic, underinvestment in infrastructure, and climate change are clouding i…

Passengers look through airport windows at the tarmac.

May 8, 2023

United States
What Is the Dodd-Frank Act?

The Dodd-Frank Act is one of the most significant U.S. regulatory reforms since the Great Depression. The collapse of Silicon Valley Bank has rekindled the debate over banking regulation.

Former U.S. President Barack Obama signs the Dodd-Frank Act as lawmakers look on.