"One who rides a tiger is afraid to dismount," says a colorful proverb from an earlier time. This may be an apt saying for the situation facing the new head of the Federal Reserve, Janet L. Yellen, who takes over at a time when successive rounds of Fed policy have taken the central bank into uncharted territory. By historical standards,…

Conventional pundits, pollsters, and forecasters are focused on whether the economy will improve sufficiently in 2012 for President Barack Obama to gain reelection. The Keys to the White House, a prediction system that the author developed in collaboration with Vladimir Keilis-Borok, founder of the International Institute of Earthquake Prediction…

Everyone under the age of 20 who has grown up in North America has lived in the common market created by NAFTA--the North American Free Trade Agreement. In a zone linking the United States, Canada, and Mexico, most goods and investments flow freely across borders to users, consumers, and investors. In 1994, NAFTA created the largest relatively…

The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…

Central banking in the United States has a long and controversial history dating back to the earliest days of the republic. One of the most widely presented arguments against a central bank has been that the U.S. Constitution does not expressly grant the federal government power to charter a bank. Recently, this issue has received new scrutiny in…

The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…

This article presents an interview with Edward Biester, an attorney and a member of the ABA Section of Antitrust Law, who recently led the Section's initiative to develop a curriculum for high school students. In this interview, Biester discusses the history of American antitrust laws, looks at some of the contemporary issues, and highlights the…

In recent years, there has been much talk in the media and the academic world about the "rise of China," as if China were a young country. Because the People's Republic of China (PRC) celebrated its sixtieth birthday only last October--and because the PRC was not admitted into the United Nations until 1971 and did not become a member of…

Different generations of Americans understand China quite differently. This, of course, is true of many topics. However, the turbulence of Chinese history and U.S.-China relations in the 60 years since the founding of the People's Republic of China (PRC) in 1949 has deepened the gaps in generational thinking about China. Those who came of age in…

This article presents four stories of personal experiences of China. In "A Journey Between China's Past and Present," Peter Hessler, a former Peace Corps volunteer and author, highlights misconceptions between Chinese and Americans and the desire both peoples share for knowledge about one another. In "Life on Liberation…

Numerous educators have noted that Geographic Information Systems (GIS) is a powerful tool for social studies teaching and learning. Yet the use of GIS has been hampered by issues such as the cost of the software and the management of large spatial data files. One trend that shows great promise for GIS in education is the move to cloud computing.…

The American economy has had the fastest and most dramatic development of all the world's major economies. Four hundred years ago, the economic output of the area that became the United States was negligible by world standards. Yet only 250 years later, the U.S. economy had become the largest in the world, surpassing all other countries, including…

History matters. It matters not only because people can learn from the past, but because the present and the future are connected to the past by the continuity of a society's institutions. Today and tomorrow's choices are shaped by the past. And the past can be made intelligible only as a story of institutional evolution. This story focuses on the…

Provides historical information on Cuba. Addresses early colonization, the advent of plantation agriculture, the role and presence of the United States in the Caribbean and Cuba, and the social and economic developments in Cuba after the revolution in 1959 led by Fidel Castro. (CMK)

Reports on the author's year as a Fulbright Hays Exchange teacher at a bilingual secondary school in Hungary. Describes changes in society, politics, and education since the end of the Cold War. Contends that the school curriculum has deemphasized vocational education and provided more autonomy for teachers. (CFR)