A central result from economic theory is that nations benefit from international trade (even as there is a recognition that not all people within a country may benefit). But recently there have been calls for the United States to restrict trade by creating incentives or rules that favor domestic production over purchas

Intervention by the United States government helped the rapid development and large scale production of three COVID-19 vaccines. What were the economic, legal, and political challenges of developing and distributing vaccines in the face of an emerging deadly pandemic? How were these challenges addressed? And what were

Chad Bown of the Peterson Institute for International Economics joins Michael Klein to discuss China's role in the global economy, as well as the international cooperation involved in COVID-19 vaccine manufacturing and distribution.

Kadee Russ explains why the US trade imbalance with South Korea expanded after their trade agreement went into effect.

Adam Posen explains why the US Federal Reserve is suddenly cutting interest rates and what that has to do with President Trump’s trade war.

Keynes and Bown sit down with Nobel Prize-winning economist Paul Krugman (CUNY and New York Times) in a wide-ranging interview about international trade. They discuss NAFTA, labor standards, and the USMCA (2:25); the current toxicity...