PIIE

China's current stimulus plan is still unfolding.

The damage to the US economy would also be incalculable, except in a later damage assessment. By then it would be too late.

The new British prime minister, Sir Keir Starmer, led the Labour Party to an impressive victory in July, capitalizing on Britain’s economic problems and mounting backlash over its troubled exit from the European Union.

A new PIIE working paper finds that, on the contrary, these policies implemented together would harm the US economy while benefiting most others around the world.

The world's economy remains on track for steady growth in 2025, but the outlook could shift depending on the results of the 2024 US elections.

Colleagues at the Peterson Institute for International Economics have already explained the impracticality of trying to fund the government with the 10 to 60 percent tariffs that former president Donald Trump has proposed.

If anything is clear in this turbulent election season, it is presidential candidate Donald Trump’s intention to levy high tariffs on all US imports.

We feel however that some of the issues require further discussion. This is what we do in this column, often playing devil’s advocate to get the discussion going.

To resolve each of these problems of judicial overreach, domestic and international, resetting standards of judicial deference provides a middle way that would improve the functioning of each of these institutions.