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David Wessel on Muck Rack

David Wessel

Washington, D.C.
As seen in: Brookings Institution, The Wall Street Journal, Apple Podcasts, MSN, The New York Times, Financial Times, Nature, Washington Post Opinions, Soundcloud, Harvard Business Review, MarketWatch, Chron and
Director, Hutchins Center on Fiscal & Monetary Policy, Brookings. My latest book "Only the Rich Can Play," the story of Opportunity Zones.
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Articles

Export restrictions don’t solve scarcity; they redistribute it

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By Kari Heerman, David Wessel
| brook.gs
To be clear, governments impose export restrictions for reasons beyond preserving domestic access to critical supplies during disruptions. They may also seek to deny strategic capabilities to rivals or prevent militarily sensitive technologies from reaching them. The export restrictions depicted in Figure 1 may reflect one or both objectives.
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Export restrictions don’t solve scarcity; they redistribute it

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By Kari Heerman, David Wessel
| Brookings Institution
To be clear, governments impose export restrictions for reasons beyond preserving domestic access to critical supplies during disruptions. They may also seek to deny strategic capabilities to rivals or prevent militarily sensitive technologies from reaching them. The export restrictions depicted in Figure 1 may reflect one or both objectives.
Open in Who Shared Issue with article?

What is a ‘reaction function’ in central banking? How does it differ from ‘forward guidance’?

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By Zixun Tan, David Wessel
| Brookings Institution
Federal Reserve Chair Kevin Warsh does not like forward guidance—the practice of a central bank telling markets and the public what it expects to do with interest rates in the future. “I don’t believe that I should be previewing for you what a future decision might be,” Warsh said at his confirmation hearing.
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