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September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.

May 14, 2024

RealEcon
On to Wisconsin: RealEcon Visits the Badger State

From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.

Darin Von Ruden, the owner of the Von Ruden's Organic Dairy Farm walks on his farm in Westby, Wisconsin, on October 3, 2020. - In western Wisconsin, where family-run dairy farms dot the rolling green hills and eagle-watchers peer into the sparkling marshland, signs for Donald Trump and Joe Biden stand directly across each other on neighbors' yards. In a polarized United States where Democrats and Republicans increasingly self-segregate, this stretch of the Upper Midwest alongside the Mississippi River looks

August 9, 2023

Latin America
A Ticking Clock for Latin America’s Nearshoring Opportunity

The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.

Panama Canal employees work in Panama City, Panama.

March 25, 2024

India
The Indian Giant Has Arrived

With India's development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic …

Sitaraman

April 15, 2024

Iran
Iran’s Regional Armed Network

Iran’s web of armed partners such as Hezbollah and the Houthis serves to strengthen its influence in the Middle East and could pose a significant threat to the United States and U.S. allies in the re…

Militants in Beirut, Lebanon, stand at attention during the funeral of a Hezbollah member killed during border clashes with Israel

May 2, 2024

Ukraine
Is U.S. Aid to Ukraine Too Little, Too Late?

U.S. aid is critical not just for Ukraine, but for U.S. credibility in Russia and beyond.

Ukrainian service members fire a L119 howitzer towards Russian troops, amid Russia's attack on Ukraine, in Donetsk region, Ukraine April 21, 2024.

November 8, 2023

Trade
Unpacking the IPEF: Biden’s Indo-Pacific Trade Play

One year after the Joe Biden administration unveiled its Indo-Pacific Economic Framework, the agreement still doesn’t look like a traditional trade deal and could end up falling short of its ambition…

Containers are loaded at the Port of Singapore, the second largest port in the world.

May 2, 2024

Turkey
Erdogan’s Crisis of Legitimacy and Its Consequences

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Supporters of Turkish President Recep Tayyip Erdogan listen to his speech during a rally ahead of local elections in Istanbul, Turkey, in March 2024.

April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

September 8, 2023

G20 (Group of Twenty)
Leaders at the G20 Summit Will Struggle to Reach Consensus

Despite lingering divisions over Russia’s invasion of Ukraine, the summit still serves a valuable purpose, and could play a potentially useful role for the United States and India, this year’s host.

A guard in military fatigues stands next to an embroidered G20 hoarding.