President Trump often complained about the “deep state” of career civil servants who, he asserted, were determined to undermine his presidency. He promised to “drain the swamp,” and his aide Steve Bannon predicted “the deconstruction of the administrative …
Rebooting global cooperation is imperative to successfully navigate the multitude of shocks facing the global economy There have been very few moments in history when the world faced a confluence of global shocks and crises: from the lingering COVID-19 …
The recent electoral optimism among Democrats has many causes: gas prices are down, Biden’s legislative victories are up, and Republicans are nominating candidates from New Hampshire to Arizona who appear to be out of step with the voters. But the Supreme …
The unexpected passage of the $259 billion CHIPS and Science Act in July—the largest single piece of American industrial policy in decades—got us thinking about peach orchards. In the early 1990s, BMW acquired 900 acres of them for a massive new auto plant …
Alice Rivlin was a trailblazer in the field of economic policy and a civil servant of unparalleled devotion. She was famous for her optimism, but toward the end of her life, she was alarmed at the state of American politics and policy. In response, she …
What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. Using …
For students of Pekingology, the transfer of a protégé of a top leader –– or the appointment of the head of a prominent institution –– on the eve of the National Party Congress could be intriguingly indicative of the overall leadership line-up. In August, …
While year-over-year inflation in August decreased slightly, headline inflation rose 0.1% and core inflation rose 0.6% over the previous month. On September 13, the morning of the Bureau of Labor Statistics’ release of the latest Consumer Price Index …
Economists Arvind Krishnamurthy, Sydney C. Ludvigson, and Jonathan H. Wright explored the lessons learned from the Federal Reserve’s use of large-scale securities purchases during a panel discussion at the Brookings Papers on Economic Activity (BPEA) …
This policy brief provides proposals on how the G20 can address these problems and better operationalise the Common Framework. Since the G20 is the most important forum gathering the main creditors of developing countries, decisions made by the G20 are …
Beginning early in the last century and continuing for decades, Black Americans took part in a “Great Migration” that saw millions move out of the South and into other parts of the country. But over the past 50 years, that historic event has reversed, as …
U.S. Speaker of the House Nancy Pelosi sent an important message by visiting Taiwan. Her message was straightforward: “The visit should be seen as an unequivocal statement that America stands with Taiwan, our democratic partner, as it defends itself and …
In trying to get their merger approved, Penguin and Simon & Schuster claimed massive, but unverified cost savings. They also have promised that their publishing divisions would compete against each other. Blessing this kind of remedy would make …
Industrial policy is an important lever to ensure a productive and strong economy. While industrial policy has historically focused on the manufacturing sector, a modern industrial policy that is focused on creating good jobs in the service sector and on …
Caren Grown is a senior fellow in the Center for Sustainable Development at the Brookings Institution. She is an internationally recognized expert on gender issues in Development. From 2014-2021, she served as global director for gender at the World Bank …
In a recent report on the state of the world’s 17 Sustainable Development Goals (SDGs), the U.N. Secretary General did not mince his words: “An urgent rescue effort is needed … to get the SDGs back on track.” Three years into a global pandemic and related …
Legislation recently signed into law by Florida Governor Ron DeSantis challenges academic freedom in fundamental respects. His “Stop WOKE Act” restricts public higher education institutions, and others, from teaching about racial injustice, therefore …
The importance of factions. Ever since the victory of the Republican Party in 1860, American politics has been dominated by two political parties – Republicans and Democrats. And yet this apparent stability masks the fact that American parties have changed …
What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. Increased …
