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In October 2024, Treasury secretary Janet Yellen addressed the Council on Foreign Relations to tout the Biden administration’s “modern supply-side economics.” She argued that more government spending ...

Governments across both advanced and emerging market economies have increasingly rolled out new support for targeted companies and industries over the past decade and a half. Industrial policy, as ...

One in 3 Americans have made trade-offs —such as prolonging a prescription or skipping a meal —to aff o rd healthcare, according to a March 12 article from Gallup. The insights come from surveys of 19 ...

This article was originally published by the Council on Foreign Relations on Aug. 1, 2025. One of the hardest jobs of a policymaker is to weigh trade-offs. Few policies are clean, absolute, and ...