When the basic institutions of a democracy come under attack, those leading major universities and firms have an outsize duty to act in their defense. If America's academic and business leaders remain ...
When tariffs are moderate and used to complement a domestic investment agenda, they need not do much harm; they can even be useful. When they are indiscriminate and are not supported by purposeful ...
As an international economic-policy goal, hyper-globalization floundered largely because of its advocates’ ambition to overregulate measures with any kind of cross-border effects. A far better ...
Dozens of leading economists and practitioners convened in Berlin at the end of May for a summit organized by the Forum for a New Economy. Remarkably, the summit led to something resembling a new ...
Whereas free trade was once the central cause of progressive reformers seeking to combat entrenched interests on behalf of ordinary people, now it is the bête noire of both right-wing nationalists and ...
Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies alike. Achieving sustainable, inclusive growth will ...
Not every departure from economic liberalism is as ill-advised as its advocates would have us believe. East Asia's experience suggests that if America's latest foray into economic nationalism remains ...
With hyper-globalization in decline, the world has an opportunity to right the wrongs of neoliberalism and build an international order based on a vision of shared prosperity. But to do so, we must ...
Industrialization has been essential to reducing poverty historically. But today’s global and technological context implies that economic growth in developing countries is now possible only by raising ...
Today's international trade regime was not designed for a world of data, software, and artificial intelligence. Already under severe pressure from China’s rise and the backlash against ...
Policymakers and the public at large understand the importance of innovation to economic growth and well being. What is less well appreciated is the degree to which the innovation agenda has been ...
The EU is celebrating the 60th anniversary of its founding treaty, the Treaty of Rome, which established the European Economic Community. There is indeed much to celebrate, and yet the Union is mired ...