The “American System” that gives its name to this essay series is perhaps most directly associated with mercantilism, industrial policy, and federal investments in infrastructure. An element that is ...

Journal Editorial Report: Does the Department of Government Efficiency stand a chance? Photo: Kena Betancur/AFP Excessive spending has been a way of life for lawmakers in Washington for more than half ...

QUICK: WOULD you rather face the worst economic crisis in history as a resident of America’s fiscal union, or Europe’s? An easy choice, surely; a decade ago, the euro area’s skeletal economic ...

At the dawn of a new fiscal year for the U.S. government, there is little to celebrate from the year that just ended. There’s also plenty to do in the year ahead, from reaching agreement on 2025 ...

Trump’s Replacement Tariffs Will Have Unintended Consequences for USMCA A 16th-Century Astronomer’s Warning to Modern Central Bankers The Four Sources of Voters’ Economic Rage The U.S. Must Expand Its ...

PAKISTAN has recently constituted its 11th National Finance Commission (NFC) to develop a new Award for the sharing of divisible resources between the centre and the provinces. Fiscal federalism ...

Pakistan, July 2 -- The World Bank on Wednesday, in its report titled "Strengthening Fiscal Federalism in Pakistan," stressed ...