The consequences of high household debt, why the 2024 U.S. election could look like 1948's contest, and Brookings podcasts to catch up on.
AI makes rules for the metaverse even more important “We may have been technologically naïve and surprised by the new world the digital revolution ushered in and, as a result, lulled into giving the digital companies free rein. But we have no such excuse this time.” Tom Wheeler examines the regulatory landscape as the AI-powered metaverse develops and argues that past policy mistakes cannot be repeated. |
Navigating the long shadow of high household debt In new research, Mathias Drehmann, Mikael Juselius, and Anton Korinek investigate how rising debt-to-income ratios and higher interest rates systematically depress economic activity for years in the future. They argue that rising household debt service burdens should be a significant concern for policymakers and financial industry decisionmakers—especially considering recent global economic challenges. |
Will Cornel West turn the 2024 presidential election into a rerun of 1948? With Cornel West running as a third-party candidate, and other presidential hopefuls considering 2024 bids, Joe Biden may not have a lot of room to maneuver if he wants to win again. William Galston discusses how the upcoming contest harkens back to the election of 1948 with then-incumbent Harry Truman. |
🎧 Catch up on our podcasts this summer The Brookings Podcast Network has a new home on our website! It’s now easier than ever to explore our full library of shows and follow them on your preferred podcast platform. Listen to episodes on Africa, technology policy, climate change, rural America, international trade, and more. |
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. |
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