More than any other issue, international trade brings into relief the consequences, good and bad, of our increasingly globalized economic environment. The WTO, China, international investment-every topic associated with trade has the potential for heated debate. This volume provides the most...

Monetary policy is a core tool that governments use to influence the economy. It affects the supply of money, inflation, interest rates, and sometimes exchange rates. Traditionally monetary policy has been modeled, at least in the United States, as if there was a closed economy; that is,...

The historical relationship between capital and labor has undergone notable changes in the past few decades. Of particular interest is “shared capitalism,†in which workers’ stake in the company is not only that of employee but also as holders of stock or stock options, in...