In May, we examined how the quality of Chinese exports—as measured by the Economic Complexity Index (ECI) developed by Harvard’s Growth Lab—has significantly improved over the past three decades and is now approaching the level of the United States. China’s …
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For the first time in over a decade, momentum is building in the United States to raise the federal minimum …
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The United States has accused China of leveraging an unfair advantage in trade relations and is threatening the imposition of …
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Introduction The scale and servicing cost of government debt are both rising. This will increase the amount of money that …
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WP 2025-05. Executive Summary The temptation to rely on findings from behavioral economics to condition human behavior has given rise …
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Introduction The recent major fall in global stock markets was too large to be solely attributable to Trump’s tariffs. It …
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On April 2, 2025, President Donald Trump declared “Liberation Day”, launching a dramatic protectionist turn that may trigger the greatest …
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Wealth taxes are present in most European countries, but they still form a relatively small share of tax revenues. Indeed, …