Human brains were not meant to think about trillions of dollars. This article was featured in the One Story to Read Today ...

In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks ...

Stubborn inflation continues to make the cost of living unbearable for many Americans. A number of inventive solutions have emerged — but with a common theme: putting consumers deeper into debt.

In 2026 the consequences of Donald Trump’s economic policies, including on tariffs and immigration, will become clearer ...

Europe’s economy will be challenged by inward-looking America, competitive China, aggressive Russia—and a surging hard right ...

This short note shows that accounting for capital adjustment is critical when analyzing the long-run effects of trade wars on real wages and consumption. The reason is that trade wars increase the ...