Editor’s note: Yesterday, Distinguished Senior Fellow Ben Bernanke was awarded the Nobel Prize in economic sciences for his research on banks and financial crises. Check out hisremarks and Q&Aand read ourpress releasefor more information.
Across advanced and emerging markets, the post-COVID recovery has run out of steam and the global economy is stalling. From Russia’s Ukraine invasion to the U.K.’s fiscal recklessness, Eswar Prasad and Aryan Khanna highlight critical issues that are stifling economic growth and explain how policymakers should respond.
American homes and neighborhoods are ill-prepared for the increasing stresses of climate change, including extreme heat, wildfires, intense storms, sea level rise, and water shortages. In order to address this issue, policymakers should look at the successes and limitations of existing weatherization policies, especially the Department of Energy’s Weatherization Assistance Program, write Rebecca Mann and Jenny Schuetz.
Debates between candidates—what used to be a fixture of election season in America—have become rare or altogether absent in many of this year’s most competitive Senate races. The diminishing frequency of this dialogue means the loss of a valuable democratic institution that encourages principled policy engagement in an ideas-challenged political moment, argues Colby Galliher.
The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars.
The Brookings Institution, 1775 Massachusetts Ave NW, Washington, DC 20036
