Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 5, 2022
Japan
Glen S. Fukushima: Japanese Capitalism and Its Lessons for the United States
Among G7 countries, Japan and the United States are the polar extremes in the type of capitalisms they represent. Although Japan today faces challenges of its own, its experience offers some lessons …
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?
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…
September 19, 2022
United States
Laura D. Tyson: California Capitalism’s Successes and Challenges
California Capitalism's greatest successes are in education, health and climate. Its greatest challenges are inequality and affordable housing.
October 13, 2023
United States
Happy 248th Birthday, U.S. Navy!
The U.S. Navy marks 248 years of service.
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…