FROM THE LATEST ISSUEE
The Fed’s New “Gain-of-Function” Monetary Policy
Overuse of nonstandard policies, mission creep, and institutional bloat are threatening the central bank’s monetary independence.
On the Subject of Central Bank Independence
TIE asked U.S. Treasury Secretary Scott Bessent to expand on his views about the Fed’s role in an exclusive interview.
Looking Ahead Ten Years, What Outside-the-Box Economic Development Could Shock the World?
TIE once again asked a broad range of experts to highlight a shocking development that could unexpectedly materialize by 2035. This outside-the-box speculation on matters that today seem improbable, if not impossible, offers plenty to ponder.
Featuring commentary by Henry J. Aaron, Marco Annunziata, Anders Åslund, Dean Baker, Marek Dabrowski, Mansoor Dailami, John M. Deutch, Andrew DeWit, Takeshi Fujimaki, Adam Garfinkle, Brigitte Granville, Lyric Hughes Hale, Gary Clyde Hufbauer, Harold James, Richard Jerram, Gary N. Kleiman, Desmond Lachman, Hongyi Lai, John Lee, Robert E. Litan, Robert A. Manning, J.W. Mason, Philippe Riès, Derek Scissors, Robert J. Shapiro, Daniel Sneider, and Stan Veuger.
Japan on the Ropes
Has the global economic powerhouse lost its mojo?
The pro side seems to be winning.
AI’s Energy Problem
The Big Bad Beautiful Bill’s phase-out of renewable energy subsidies isn’t helping matters.
Looking Back at the Great Financial Crisis
A new book examines how human factors played an outsized role.
Today’s Export Control Explosion
Like tariffs, they are reshaping global markets.
Globalization’s Not Ending
It is being restructured.
Time for a Progressive Supply-Side Approach
Ezra Klein and Eric Thompson break new ground in their recent book.
Off the News
A Chinese gold-backed reserve currency, Trump’s hand grenades and fireworks, and all crudes are not the same.
From the Founder
The rise of a third political party. Sounds impossible. Maybe not.
View from the Beltway
The downsides of tariffs: Tariffs aren’t a policy. They’re a personalized tactical tool for gaining leverage.
Letter from Berlin
Merz’s hopeful start: Negotiating around Trump trade land mines.