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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

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

June 21, 2022

Economics
Why This Global Economic Crisis Is Different

This is the first time since World War II that there may be no cooperative way out.

Federal Reserve Board Chair Jerome Powell

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.   

November 23, 2021

Supply Chains
How to Fix Global Supply Chains for Good

Truck-driver shortages, “lean” inventories, and an overreliance on China plagued global supply chains long before the pandemic. Permanently addressing these and other issues will help the United Stat…

Containers are stacked at the Port of Long Beach, California, in November 2021.