Italian Prime Minister Giorgia Meloni has warned that 2026 will be a difficult year. It appears she is correct with the U.S.

In the short run, FDI shows a positive and statistically significant impact on economic growth, suggesting that inflows of foreign capital stimulate activity through job creation, infrastructure ...

Putting moral insight back into economics enhances understanding of political outcomes For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each ...

In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

CNN journalist Fareed Zakaria ’86 argued for globalization’s merits Tuesday evening in front of the Yale Political Union on the grounds of economic growth and increased individual freedom. Zakaria — a ...

As the clock ticks toward a potential government shutdown at midnight on October 1, 2025, the looming crisis holds more than just economic consequences. It signals a deepening rift in the nation’s ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Globalization continues—the widespread predictions of its death were wildly ...

Amid the growing debate over the fate of globalization, many an economist, commentator, or executive have weighed in from their ivory tower, think tank perch, or Davos panel chair to declare its ...

I have a new paper out critiquing the "Law and Political Economy" Project. The Hewlett Foundation funds the project, based at the Yale Law School, as part of its nine-figure war on "neoliberalism." As ...

Asked which candidate he supported in the 2008 presidential election, former Federal Reserve chairman Alan Greenspan responded, “National security aside, it hardly makes any difference who will be the ...