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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.

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 1, 2024

RealEcon
Policymaking Is All About Trade-Offs

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.

San Diego, California, USA - October 8, 2015: British Airways Boeing 777 flying over crowded freeway to land at Lindberg Field San Diego International Airport.

April 1, 2024

Local and Traditional Leadership
Leadership Starts With Listening

Building a durable consensus for U.S. economic leadership requires listening to what Americans think. The first stop in the RealEcon team's listening tour was Florida.

Matthew Goodman meets with students from

March 26, 2019

Economics
The Economic Consequences of Global Uncertainty

With new sources of uncertainty proliferating by the day, the world should brace for a broad economic slowdown or, at minimum, a lengthy period of slower growth.

Yaorusheng/Getty Images

December 12, 2022

Economics
Biden’s ‘America First’ Economic Policy Threatens Rift With Europe

Europeans consider vast U.S. subsidies for cars, clean energy, and semiconductors a danger to their economies.

U.S. Secretary of Commerce Gina Raimondo and European Commission Executive Vice-President Margrethe Vestager participate in a US-EU Stakeholder Dialogue during the Trade and Technology Council Ministerial Meeting

June 21, 2022

Economics
Why This Global Economic Crisis Is Different

This is the first time since World War II that there may be no cooperative way out.

Federal Reserve Board Chair Jerome Powell