The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…

Since 2021, inflation has featured as among the most salient issues in American public discourse, with voters actively awaiting pronouncements from the Federal Reserve. Inflation mattered in the 2022 midterm elections, and it looms large over the 2024 presidential election.…