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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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…
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 …
March 3, 2022
United States
Stagflation: Real Threat or Imagined?
While the U.S. is unlikely to see a repeat of the “Stagflation” of 1965-1982, it is still helpful to understand both the similarities and differences from that period as the country faces stubbornly …
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…
January 20, 2022
Economics
Robert E. Rubin: The Challenges and Future of Capitalism in the United States
There are many critical challenges for the U. S. economy that markets, by their nature, will not address. In this sense, the future of American capitalism thus depends on the future of American polit…