Congressional polarization has steadily increased over the last twenty-five years, according to research by political scientists Howard Rosenthal and Keith Poole. Their analysis indicates that the U…

At the first hint of a slowdown, the US tends to take steps -- like a fiscal stimulus package -- to support domestic demand. Though to be fair, the US has also loosened monetary policy, and one…

A standard argument is that China’s export success is overstated.   Sure, a lot of goods, especially electronics, are assembled in China.  But those goods are composed of imported parts.     Chinese …

The return of the "fix" doesn't answer the more fundamental question of how China intends to manage its currency.