The primary goal of Beijing’s exchange rate policy is not to boost exports, as US critics believe. It’s not to adjust to domestic economic shifts, as basic economics indicates. It is impossible identify the yuan’s “true market value”, and hence undervaluation or overvaluation. China has a non-market financial system. It is a non-market system that dictates the yuan’s level and movement.
Putin is largely silent about this “velvet revolution” ouster in his backyard. RT is largely uncritical. The Russian people are watching. This is important.
Join AEI as Mayor Mitch Landrieu discusses New Orleans’ comeback story and the lessons it offers for other cities around the country about resilience and making government work.
In the midst of disappointing school report cards and a dearth of constructive political engagement, the public charter school network Democracy Prep is an encouraging reminder that a coherent, focused emphasis on civics can make a significant impact.
Since the 2016 election, the long-held French view that the European Union should be more autonomous from the US, and ready to assert its own interests, has been justified and is gaining ground within the European Union.
The most likely outcome for the US is at least a temporary retrenchment over the next three years, toward a more closed global economy.
I am long on culture and networks.
The arbitrary, whimsical nature of decision-making when one man’s will is law is what destroys the political career of the protagonist’s father, a powerful and wealthy senator and businessman.
In a new National Bureau of Economic Research working paper, we evaluate the elasticity of taxable income by focusing on corporate executives and how their compensation responds to tax rates.
Before Washington breaks up Facebook, heavily regulates it, or nationalizes it, maybe it would be wise to make sure there’s actually a serious problem demanding government intervention.
An accurate census is in all our interests. There are concerns about the 2020 census’ funding, the controversial decision to include a question on US citizenship, and response rates. Please join AEI for a panel discussion on the importance of the 2020 census and what can be done to ensure its success.
Ambivalent statements from health authority agencies seem to be slowing conversions from cigarettes to comparably healthier vaping and heated tobacco products.