Jeffrey Frankel, Professor of Capital Formation and Growth at Harvard University, served as a member of President Bill Clinton’s Council of Economic Advisers. He is a research associate at the US National Bureau of Economic Research.
Major Asian currencies’ exchange rates are again at the center of debates in international monetary economics. With China, Japan, and South Korea all running trade and...
US President Donald Trump campaigned on a promise to end inflation “starting on day one.” He even pledged to lower the price level, which would...
It would appear reasonable to expect that countries with huge natural-resource wealth (oil, natural gas, minerals, and even agriculture) would have a leg up on...
Immigration is perhaps the most incendiary issue in the United States today. Opponents claim that immigrants are a drain on public finances and compete with US...
In the United States, public debt now stands at 99% of GDP. The Congressional Budget Office (CBO) expects it to reach 107% of GDP by...