From the Summer 2023 issue:
U.S. inflation is easing. What reasoning most compellingly explains why this is happening? Is the Fed on its way to achieving a soft landing? Or does the credit go to something totally unexpected? The bottom line: Is there a lesson to be learned about controlling inflation from recent experience?
Featuring commentary by Robert J. Barbera, Michael J. Boskin, Stephen G. Cecchetti, William R. Cline, John H. Cochrane, Brian C. Deese, William T. Dickens, Everett M. Ehrlich, Jeffrey A. Frankel, Jason Furman, Joseph E. Gagnon, James K. Galbraith, Lyric Hughes Hale, Gary Clyde Hufbauer, Steven B. Kamin, Mickey D. Levy, Michael Lind, Robert E. Litan, Michael Mandel, J.W. Mason, Laurence H. Meyer, William Murdock, Peter R. Orszag, Robert J. Samuelson, Kermit Schoenholtz, Allen Sinai, Marc Sumerlin, Edwin M. Truman, R. Christopher Whalen, and Marina v N. Whitman.
Energy, supply chain disruptions, and labor costs.
Why the price pressures caused by the pandemic will prove to be an anomaly.
Is diplomacy back?
Expecting China to help solve the problem is naïve.
Japan’s pull-back is not just because of China’s slowdown.
The Trump trade team argues for WTO reform. The status quo is not an option. An excerpt from Robert Lighthizer’s thought-provoking new book.
Protectionism Is (Almost) Mainstream
The era of free trade is over. Where do we go from here? A review of No Trade Is Free: Changing Course, Taking on China, and Helping America’s Workers by Robert Lighthizer.
An important insider offers the lay of the land.
The global recovery is faltering.
The key to tackling global crises.
Remembering economist Richard Erb (1942–2023), new Chinese financial religion, and Chinese Defense Minister Li Shangfu.
On the cusp of superpowerdom: India’s rise would be a giant win for Washington.
Dragging down Europe: Germany in the hot seat.
Back to the 1930s: A wild ride straight downhill.