Conservatives often make a big show of worrying about the debt burden that we are passing on to our children. This moral argument featured prominently in congressional Republicans’ refusal to support a routine increase to the US debt ceiling
It is now widely acknowledged that most central banks underestimated the threat of inflation when they persisted with extremely low interest rates and massive asset purchases throughout 2021 and into 2022
The COVID-19 pandemic might be officially over, but much like a railway switchyard, it has already diverted countless lives onto wildly different paths
With the enactment last year of the Inflation Reduction Act (IRA), the United States fully joined the rest of the world’s advanced economies in combating climate change
With much of the developing world teetering on the edge of a debt crisis, the calls for a new issuance of special drawing rights (SDRs, the International Monetary Fund’s reserve asset), have grown louder and more urgent
For the first time in 18 months, Gary Gensler, the chair of the US Securities and Exchange Commission, appeared before the House Financial Services Committee on April 18
Over the past few years, China has significantly expanded its economic footprint in South America, overtaking the United States as the continent’s largest trading partner