Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

This year’s UN summit offers a rare chance for reform of the world’s leading peace and security body but is bedeviled by major power tensions over intractable wars.

“We should look back on 1944 with a great sense of awe and responsibility” for what could have gone very differently with American history and the Cold War, says Senior Fellow Benn Steil.