Three Questions on the US Safety Net

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Here are three main often-asked questions about the US safety net: 1) If your goal is to expand the social safety net, are you...

Will the Next Generation Be Better Off? International Pessimism

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In the US economy, since the modern pattern of economic growth started back in the early 19th century, average annual growth has been...

Mistaken Identities: The International Trade Version

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It is common in current US political discourse to hear it asserted, as an incontrovertible truth, that the US economy is smaller because...

Snapshots about the Federal Workforce

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I saw some mention that there has been a sharp rise in federal civilian employment in 2023 and 2024. When I tracked down...

Private Credit: Replacing Banks for Business Loans?

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In discussions of how businesses borrow money, there used to be essentially two choice: firms could either issue bonds or borrow through banks....

Guest Contribution: “Mar-A-Lago Accord March 22, 2025”

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Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the...

Interview with Paul Krugman: Trade and Industrial Policy

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Chad Bown interviews Paul Krugman at the Trade Talks podcast on a range of subject related to trade and industrial policy (Trade...

The North American Trade Bloc at Risk

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The “multipolar” world has been a reasonably popular framework for thinking about the global economy. The idea was that the world economy was...

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