Political Economy

Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.

  • News Release

    Domestic Political Discord Now the Greatest Threat to U.S. Global Leadership

    Faced with traditional threats from opponents such as Russia and emerging threats from non-traditional adversaries such as the Islamic State, the United States needs a comprehensive foreign policy strategy that can provide stability and improve policymakers' ability to manage in today's more complex and turbulent times.

    Jan 18, 2017

  • Aerial view of the Earth

    Research Brief

    Exploring America's Role in a Turbulent World

    The post–Cold War era is over. The United States faces new challenges abroad and rising political polarization at home. How should America advance its interests and pursue new opportunities around the world?

    Jan 18, 2017

  • The mascots of the Democratic and Republican parties are seen on a video screen at U.S. presidential candidate Hillary Clinton's campaign rally in Cleveland, Ohio, March 8, 2016

    Report

    Domestic Political Discord Is Now the Greatest Threat to U.S. Global Leadership

    The United States needs a coherent international strategy for today's turbulent world. But this will be hard to pursue without more domestic political consensus on America's global role.

    Jan 18, 2017

  • U.S. and Polish soldiers meet after a welcoming ceremony for U.S. troops deployed as part of a NATO buildup in Eastern Europe, Zagan, Poland, January 14, 2017

    Report

    How Are European Countries Vulnerable to Russia?

    Russia's aggression against Ukraine has highlighted potential threats to NATO and the EU. But European countries differ in how susceptible they are to possible Russian actions.

    Jan 18, 2017

  • Journal Article

    (Un)expected Housing Price Changes: Identifying the Drivers of Small Business Finance

    In this paper, we use the Kauffman Firm Survey to examine the effect of housing price changes on small business financial variables.

    Jan 10, 2017

  • Sir Michael Marmot

    Report

    2016 RAND Summer Institute

    Video session from the 23rd Annual RAND Summer Institute, held July 11-14, 2016, in Santa Monica, California, which addresses critical issues facing our aging population.

    Jan 6, 2017

  • Report

    Calculating the Gross Regional Product of the Kurdistan Region — Iraq: Arabic translation

    Estimates the gross regional product (GRP) of the Kurdistan Region -- Iraq in 2012 (excluding natural resources) and describes efforts to set up a system for data collection and analysis to support future annual GRP calculation.

    Dec 21, 2016

  • Woman yawning during a business meeting

    Commentary

    How Businesses Can Take the Lead in Getting People to Sleep More

    Insufficient sleep is linked to lower productivity, which results in working days being lost each year. With a few simple measures, employers could help improve the health and well-being of staff, improve their bottom lines, and contribute to a growing economy.

    Dec 20, 2016

  • Man looking at chart of China's stock market

    Commentary

    Cracks in the Chinese Powerhouse

    Like most countries that have experienced rapid development, China is struggling to transition from a highly successful but unsustainable economic model. Beijing faces the additional challenge of executing difficult reforms in the face of an inhospitable global economy.

    Dec 19, 2016

  • Journal Article

    Sample Size Implications of Multi-Day GPS-enabled Household Travel Surveys

    This digest summarizes key findings of research conducted in NCHRP Project 08-36/Task 123, "Survey Sample Size and Weighting."

    Dec 15, 2016

  • Thomas Schelling (left) receives the Nobel Prize in economics from Sweden's King Carl XVI Gustaf in Stockholm, December 10, 2005

    Announcement

    Thomas Schelling, Nobel Laureate and Longtime RAND Consultant, Dies at 95

    Thomas Schelling, a Nobel Prize-winning economist and longtime RAND consultant whose ideas about conflict and cooperation helped guide American policymakers during the Cold War and beyond, has died.

    Dec 14, 2016

  • Japan's Self Defence Force holds an opening ceremony of a new military base on the island of Yonaguni in the Okinawa prefecture, March 28, 2016

    Commentary

    The Risks of an Accelerating Rivalry Between China and Japan

    China and Japan have a long history of antagonism but their competition for influence in Asia has recently expanded in the economic, diplomatic, and security domains. The U.S., although a staunch ally of Japan, has served as a mediator. Weakening the U.S. role could aggravate Sino-Japanese tensions to a destabilizing degree.

    Dec 12, 2016

  • News Release

    China Invests Warily in Middle East

    China endeavors to protect its expanding interests in the Middle East by not taking sides in conflicts and controversies. The United States should encourage China to become more involved in efforts to improve regional stability while reassuring partners of its own commitment to the region.

    Dec 5, 2016

  • Sheikh Mohammed bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and UAE's deputy commander-in-chief of the armed forces, meets Chinese President Xi Jinping in Beijing, December 14, 2015

    Report

    China Invests Warily in the Middle East

    China endeavors to protect its expanding interests in the Middle East by not taking sides in conflicts and controversies. The United States should encourage China to get more involved in efforts to improve regional stability while reassuring partners of its own commitment to the region.

    Dec 5, 2016

  • The Hong Kong skyline at night

    Report

    Where Is Hong Kong Headed?

    Events such as the 2014 pro-democracy Umbrella Movement have shined a spotlight on Hong Kong—and prompted questions. What is the territory's significance to China? And what is its future trajectory?

    Dec 2, 2016

  • Tired businesswoman in the office

    Commentary

    Americans Don't Sleep Enough, and It's Costing Us $411 Billion

    Sleep and sleep loss are often considered to be among the most intimate of personal behaviors, but sleep matters to all aspects of society, from an individual’s health to the success of the global economy.

    Nov 30, 2016

  • News Release

    Lack of Sleep Costing U.S. Economy Up to $411 Billion a Year

    Sleep deprivation leads to a higher mortality risk and lower productivity levels among the workforce, putting a significant damper on a nation's economy. It leads to the U.S. losing around 1.2 million working days a year.

    Nov 29, 2016

  • News Release

    Lack of Sleep Costing UK Economy Up to £40 Billion a Year

    Sleep deprivation leads to a higher mortality risk and lower productivity levels among the workforce, putting a significant damper on a nation's economy. It leads to the UK losing around 200,000 working days a year.

    Nov 29, 2016

  • Man in bed looking at a tablet

    Report

    Sleep Deprivation Has Economic, Physical, and Social Consequences

    Sleep deprivation leads to a higher mortality risk and lower productivity levels among the workforce, putting a significant damper on a nation's economy.

    Nov 29, 2016

  • Donald Trump arrives at his election night rally at the New York Hilton Midtown in Manhattan, November 9, 2016

    Commentary

    Can Trump Really Do Deals with Putin?

    Russia is a declining economic power whose foreign policy has led to isolation and criticism. But Putin may have an inflated sense of Russia's importance and expect one-sided U.S. concessions. If so, diplomacy could run into headwinds early in the Trump administration.

    Nov 21, 2016