In the fall of 2018, University of California, Berkeley economist Emmanuel Saez said, to an audience of economists, policymakers, and the press, “If the data don’t fit the theory, change the theory.” ...

Contracts are unavoidable. From signing up for an online account, joining a new company for employment, signing a rental agreement, or even parking a car in a public garage—contracts are ubiquitous.

Industrial policy has traditionally been conceived of as a strategic tool that nations use to gain “market share” in the context of international trade. Over the last five decades or so, the focus of ...

Imagine a world where the information environment is a thriving hub of diverse ideas, where information flows freely but responsibly, and where digital platforms prioritize the public good, not just ...

It is almost axiomatic that authoritarian (or “would be” authoritarian) leaders are innately hostile to free and open universities. Consider, for instance, the obsessive preoccupation over much of the ...

Two days before the election, a Trump car caravan collided with Biden supporters and social justice advocates in front of the now graffiti-covered statue of Robert E. Lee in Richmond, Virginia.

It was about five years ago that I began thinking about a special issue of Democracy on the Constitution. I was frustrated with the Electoral College and the Senate even then, which led me to do some ...

The Inflation Reduction Act, popularly called the IRA, turned one on August 16. As a result of the law, the federal government may spend, over the next decade, nearly $1 trillion to support ...

Every society must choose which goods and services—from education to roads to health care—to provide publicly and which to relegate to the realm of individual responsibility. Over the past five ...

The Words That Made Us: America’s Constitutional Conversation—1760-1840 By Akhil Amar • Basic Books • 2021 • 832 pages • $40 Ben Franklin famously told a questioner as he left Philadelphia’s ...

Financial markets have had one of the most tumultuous winters in more than a decade. Last November, we witnessed the collapse of FTX, once seen as the model for relatively safe crypto businesses.

As the Ukraine War drags on, the countries on each side appear politically entrenched. Vladimir Putin lectures the world that Ukraine is rightfully Russian, while at least for now, much of the world ...