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. A $2.5- …
Ever since Sen. Bernie Sanders burst on to the national scene six years ago with the statement that “we need a political revolution,” conventional wisdom has maintained the rise of a new progressive base in the Democratic Party. Although Sanders’ two …
Over the last two years, the world economy has been rocked by multiple shocks—from the COVID-19 pandemic to the war in Ukraine. But not all countries and people have been impacted in the same way. As highlighted in the “2022 Financing for Sustainable …
With inflation in the neighborhood of 8 percent, price rises have become a top concern for consumers and voters alike. All eyes are on the Federal Reserve and whether it can engineer a soft landing — reining in inflation without putting the economy through …
During a period of greater hope for Russia tempered by uncertainties, President Bill Clinton sought both to enlarge NATO and build a strategic partnership between the Alliance and Moscow. As part of his National Security Council staff, we three worked on …
Chairman Cardin, Chairman Cohen, distinguished members of the Helsinki Commission, It is an honor for me to be invited to testify before you here today together with my other distinguished panel members Yuriy Vitrenko and Benjamin Schmitt on the critical …
In The Hamilton Project book "Tackling the Tax Code: Efficient and Equitable Ways to Raise Revenue," released in 2020, leading economists and other experts offered detailed proposals for better tax policies including a proposal that would raise …
The annual Municipal Finance Conference brings together academics, practitioners, issuers, and regulators to discuss recent research on municipal capital markets and state and local fiscal issues. The conference is a joint venture of the Hutchins Center on …
Since 2014, Brookings has developed and maintained a comprehensive database on the global impact bonds market. The below data represents a snapshot from that database updated each month. For further Brookings research on impact bonds, visit our Impact …
Executive Summary Credit cards offer consumers convenience as both a payment vehicle and a source of short-term credit. Revolving credit permits consumers to enjoy immediate purchase of goods and services (in the absence of funds or in lieu of tapping …
Seven months ago, Republican Glenn Youngkin defeated Democrat Terry McAuliffe in a closely watched gubernatorial race in Virginia. The story coming out of Virginia was the outsized role of education issues—specifically, critical race theory (CRT) and “ …
By Gabriel Chodorow-Reich, Ben Iverson, David WesselThe U.S. responded to the COVID-19 recession with massive and unprecedented support for businesses. The business sector overall fared much better than had been expected at the outset. Is this evidence …
Turkey’s opposition to Sweden and Finland joining the North Atlantic Treaty Organization (NATO) in the wake of Russia’s war on Ukraine has elevated the Kurdish question on the international stage. President Recep Tayyip Erdoğan is attempting to capitalize …
Transformative new technologies are reshaping markets, business models, and the nature of work. But as they create new opportunities, they also pose new challenges, not least of which is rising economic inequality. Rising inequality has been stoking …
Widening geographic inequality in the United States has shifted federal policymakers’ attention to investing in “places” as well as “people.” On his first day in office, President Biden signed an executive order prioritizing support for underserved …
Introduction Economies stagnating. Governments overindebted. The ashes of war impeding progress on international cooperation. A widespread sense of malaise and absence of urgency blocking the mobilization of capital. Such a narrative could easily describe …
We are living in what has been aptly termed the digital era, a time of rapid technological change led by digital technologies. The new technologies are reshaping economies—and societies. We may be on the cusp of a significant deepening and acceleration of …
One of the most compelling developments of the Biden presidency has been the emergence of significant programs and policies targeted at helping places (and their residents) thrive, rather than people more generally. Proposed across numerous realms, “place- …
The radical social, economic, and employment changes spurred by the COVID-19 pandemic resulted in many people rethinking their living arrangements. These changes substantially affected the U.S. housing market, though not always in the same way. For example …
The nation’s major metropolitan areas—those with populations exceeding 1 million, which are home to nearly six in 10 Americans—have been a focal point of the nation’s economic vibrancy, politics, and racial and ethnic diversity. A deep look at 2020 census …
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