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 …
People highly exposed to the economic consequences of the COVID-19 pandemic rapidly spent their federal Economic Impact Payments (EIPs) during the early months of the pandemic. However, many other people saved their payments, contributing to strong …
The Federal Reserve likely will need to push unemployment far higher than its 4.1 percent projection if it is to succeed in bringing inflation down to its 2 percent target by the end of 2024, suggests a paper to be discussed at the Brookings Papers on …
The COVID-19 pandemic triggered a large and lasting shift to working from home among educated workers around the world, finds a new survey to be presented at the Brookings Papers on Economic Activity (BPEA) conference on September 9. “No other episode in …
The U.S. government’s capacity to continue running large budget deficits could be threatened if interest rates remain even modestly higher than currently expected, suggests a paper to be discussed at the Brookings Papers on Economic Activity (BPEA) …
For much of 2022, the U.S. has enjoyed an unusually strong labor market. Unemployment is historically low and job creation is well above the level needed to keep pace with population growth. By some measures, such as wage growth, the labor market is …
During his seven-decade-long academic career, the distinguished British historian Joseph Needham tried to explain what Sinologists later called “the Needham paradox” or “the Needham question.” Paradoxically, although imperial China had many talented people …
It is difficult to understand American politics without understanding party primaries. Primaries determine the choices (or lack of choices) voters will have in November, but beyond that, they define the major differences between parties and the all- …