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April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

March 25, 2024

India
The Indian Giant Has Arrived

With India's development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic …

Sitaraman

May 6, 2019

Libya
Loving Dictators Is as American as Apple Pie

Trump has embraced yet another strongman, this time in Libya. But it’s not just a personal failing—it’s a national tradition.

U.S. President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, U.S., April 26, 2019.

April 26, 2023

Mexico
Mexico’s Carnage Has No Military Solution

To curb violence and drug trafficking, Mexico needs functioning civilian police forces and court systems, not US military strikes and boots on the ground.

Good luck with that. Photographer: Rodrigo Arangua/AFP via Getty Images

December 13, 2021

Supply Chains
What Happened to Supply Chains in 2021?

Pandemic-related disruptions threw a wrench into global supply chains this year, causing shortages of goods. Here’s how it happened.   

June 2, 2020

COVID-19
Graphing the Pandemic Economy

In a fast-evolving crisis like a pandemic, GDP and other conventional economic metrics are simply too slow to be useful for policymakers who need to make decisions about when to lock down and reopen …