Political economy has no inviolable truths. Anything that economists or political scientists claim as inviolable truth, then, is incomplete—it may hold within the narrow confines of their analysis, but it will not hold in reality over the long run.
A startling transformation is underway, in the economy, in the culture, and among policymakers.
It’s bonus season on Wall Street, and a record-setting 2025 is yielding bigger paychecks than ever for America’s investment bankers, thanks to their hard work doing, well, what exactly?
Matthew Rose, an Opinion editorial director, hosted an online conversation with three contributing Opinion writers (Oren Cass, Natasha Sarin, and Jason Forman) about the Federal Reserve. Matthew Rose: After months of Read more…
Should individual savers have access to alternative assets like private equity funds and cryptocurrency in tax-advantaged retirement accounts?
How to Build an Economic and Security Order That Works for America
It’s the next stage, however, that will define Mr. Trump’s legacy: Can he and his administration move past the demolition, clear the debris and, well, build back better?
A short-term profit grab risks eroding America’s biggest advantage in the AI race.
Long-term frameworks are necessary to lock in the desired effects of the US administration’s most controversial policies.
There is a position between the old Republican guard and budget fairyland.
Innovation has stalled in a globalised era dominated by state-sponsored national champions.
Oren Cass reflects on five years of American Compass’s contributions as part of the 2024 Annual Report.
In a multi-polar world, old certainties about the US security guarantee and access to markets no longer hold.
The reciprocal levies aimed at allies have been paused for 90 days, now what?
Last week’s “Liberation Day” marked a kind of D-Day in the effort to reorder the international economic system.
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cuts.
Adam Smith’s capitalism demands constraints on markets, not blind faith in them.
There isn’t an ‘easy button’ for everything.
The Right’s “groups” could destroy the Trump agenda.
Six reactions to the new administration’s aggressive trade diplomacy.
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