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Oligarchy in the open: What happens now as the U.S. is forced to confront its plutocracy problem?

Professors Archon Fung of HKS and Lawrence Lessig of Harvard Law School say Trump’s brazen embrace of billionaire ruling partners could be an inflection point in America’s long slide toward rule by ...
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An International Blueprint for Forced Labor Import Bans

This policy brief outlines a global framework for forced labor import bans (FLIBs) as a key tool to address forced labor in international supply chains. Despite legal prohibitions, forced labor ...
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Why is the war in Iran so expensive?

On February 28, the United States and Israel launched attacks on Iran, killing supreme leader Ayatollah Ali Khamenei. By early April, the United States had more than 56,000 troops in the war zone ...
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Understanding the bond market and sovereign risk at a time of economic volatility

Volatility in the bond markets across the world, but especially in the United States, has grabbed the attention of the media and policymakers in recent months. We sat down with Carmen Reinhart, the ...
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The End of the Federal Reserve as We Know It?

September 26, 2024, Opinion: "Donald Trump attacked the Federal Reserve throughout his presidency, complaining about interest-rate increases and lobbing insults at Chairman Jerome Powell. In his bid ...
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Retail Investors’ Contrarian Behavior Around News, Attention, and the Momentum Effect

Using a large panel of U.S. brokerage accounts trades and positions, we show that a large fraction of retail investors trade as contrarians after large earnings surprises, especially for loser stocks, ...
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Through the Urban Politics Field Lab, Kennedy School students help shape a new vision for Belmont

Late last year, a small group of people gathered in front of the Belmont, Massachusetts Select Board to present possibilities for the future of an underdeveloped area of the town. The presenters were ...
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The Geopolitics of Surveillance Capitalism

Surveillance capitalism represents a new form of capitalism that converts human behavior into data for tracking, analysis, and monetization. Yet this framing obscures the deeper architecture that ...
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News & Announcements

Samantha Power, former USAID administrator and U.S. ambassador to the United Nations, returns to Harvard with a joint faculty appointment at the Kennedy School and the Law School ...
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Democracy & Governance

The Harvard Crimson's podcast Newstalk returns with special guest Jason Furman, who speaks on the Federal Reserve and President Trump's new nominee for Fed Chair Kevin Warsh.
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Global Evidence on Gender Gaps and Generative AI

Generative AI has the potential to transform productivity and reduce inequality, but only if adopted broadly. In this paper, we show that recently identified gender gaps in generative AI use are ...
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The Rapid Adoption of Generative AI

Generative Artificial Intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from the ...