Tariffs were an urgent necessity. They’re already working. By Jamieson Greer What Trump’s dramatic revision of the global trade system is intended to accomplish — and reasons for skepticism. By Ross ...

Dan Drezner started a post with the Triffin dilemma, so I figure I too can digress into the realm of history. The Bretton Woods system of fixed exchange rates (Bretton Woods 1) collapsed, in some ...

This Economic Letter summarizes the papers presented at the symposium “Revived Bretton Woods System: A New Paradigm for Asian Development?” held at the Federal Reserve Bank of San Francisco on ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

Long before modern states claimed monopoly control over money, international trade depended on trusted systems that operated outside sovereign authority. In medieval Europe, merchants travelling ...

Log-in to bookmark & organize content - it's free! Benn Steil talks about the creation of the Bretton Woods system following World War II. Benn Steil talks about the creation of the Bretton Woods ...

President Nixon’s announcement in August 1971 that he would suspend the Bretton Woods system, “temporarily” closing the gold window, marked the beginning of the end of postwar American equitable ...

Mia Mottley, the prime minister of Barbados, has been drawing attention to the environmental and financial threats faced by small and vulnerable countries like hers. By David Gelles As global warming ...