Trade agreements establish shared foundational rules for countries to govern their economic interactions. Though offering significant economic benefits, the United States maintains fewer comprehensive ...

This article was originally published by the Council on Foreign Relations on Aug. 1, 2025. One of the hardest jobs of a policymaker is to weigh trade-offs. Few policies are clean, absolute, and ...

In October 2024, Treasury secretary Janet Yellen addressed the Council on Foreign Relations to tout the Biden administration’s “modern supply-side economics.” She argued that more government spending ...

There's a pervasive belief in technology and business: significant innovation demands trade-offs. Want better performance? Pay more. Want sustainability? Accept compromise. This zero-sum mindset has ...

Governments across both advanced and emerging market economies have increasingly rolled out new support for targeted companies and industries over the past decade and a half. Industrial policy, as ...

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