Considering how Chinese imports have affected American workers, the downsides of global exchange are much more intense and<br>enduring than many make them out to be.
Machine learning will drop the cost of making predictions, but raise the value of human judgement.
A lot of full-time jobs in the modern economy simply don’t pay a living wage. And even those jobs may be obliterated by new technologies. What’s to be done so that financially vulnerable people aren’t just crushed? It may finally be time for an idea that economists have promoted for decades.
Economists have considered the implications of building more housing, raising taxes on the rich, expanding unions, and reducing social safety nets. Is there an answer we haven’t considered yet?
A recent study looks at tax increases and spending cuts, and finds that one has been far better at boosting the economy
It’s not a scorecard, and reducing it won’t necessarily be good for jobs.
Turns out, not as much as you — and they — would like to think A journalist once asked me how many jobs NAFTA had created or destroyed. I told him I had no reliable idea. Certainly jobs had been lo…
The field used to be visionary. Now it’s just dull.
Help wanted: An economist who can apply number-crunching skills to the virtual economies of video games.
GDP has pitfalls that have spurred economists to come up with better approaches to gauging the economy's performance
In order to build a better economy, we must find more accurate ways to measure value within it, economist Mariana Mazzucato writes in a new book.
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A thriving nation needs a growing economy ... or does it? A lot of economists say maximum growth is bad for society and the planet, and they’re preaching slow-growth -- or even no-growth -- economics.
Local farmers that are bearing the brunt of the rainfall deficit.
The elegant equations they love just aren't that good at capturing reality.
Economists have long known that people are rarely as coherent, unbiased, foresighted, selfish, or fixed in their preferences as standard economic models make them out to be. Until recen...
There is a Master Class being marketed to new generations of students online. This course teaches students they should rely on the government to take care of people; and raise taxes to 70% to 80%. The
We ought to attack the true root cause of inequality: rent-seeking. This is far more productive than redistributing the rents that the rent-seekers captured; tax policy may deter simultaneously the rent-seekers and the genuine producers of wealth.