Overview This is an update to the January 2009 Working Paper China’s $1.7 Trillion Bet. Download the original paper [PDF]. China is now by far the United States’ largest creditor. Its treasury …

Zoonotic diseases, naturally transmissible between humans and animals, have posed a growing public health threat for decades. However, existing institutional arrangements have fallen short. The wide-…

Overview The United States is a country of innovators. Its higher education system and entrepreneurs are respected worldwide for their contribution to research and development. Yet in many domains…

The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.