Articles on Economics
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China is providing masks, vaccines, medical equipment and personnel to African countries ignored by the U.S. in recent years, positioning itself as an essential partner to the region.
Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.
Contrary to popular belief, falling natural gas prices didn’t significantly accelerate coal power plant retirements. Here’s what did.
Some economists have defended price gouging, saying it helps increase supply and prevent against hoarding. An ethicist suggests this might be missing the point.
There’s no going back to normal after COVID-19, partly because our pre-pandemic world was anything but normal.
Assessing around 500 of the composer’s correspondence, we are able to see how a rise in sadness and other negative emotions resulted in increased creative productivity.
Universities and the professions are changing in response to climate change. When will the advances in knowledge and practice we are already seeing prompt governments to act with the required urgency?
If inflation follows economic recovery, the Bank of England may be hesitant to raise interest rates enough to hold it back.
Refugees hinder the US economy, the Trump administration has said as it cuts refugee admissions to record lows. But data show that they boost economies, revive neighborhoods and expand tax bases.
Coronavirus cases have risen sharply across the Mountain West, Midwest and plains. Over 70% of nonmetropolitan counties are now “red zones,” suggesting viral spread is out of control.
For their work on auctions and ‘the winner’s curse’, Stanford neigbhours Paul Milgrom and Robert Wilson have won the 2020 Nobel Prize for economics.
Realizing that economics is a lot like fiction helps us better evaluate the claims economists make about the world we all live in.
The 2020 budget explained in 7 charts: the major cuts and spends, the new tax rates, and that almighty debt.
The government wants consumers to spend, spend, spend: the question is whether they will feel confident to do so.
The government has brought forward planned future tax cuts. And while some say we shouldn’t be cutting taxes during a recession, the plan has its merits.
Assuming jobs will grow as JobKeeper is wound back is a leap of faith.
The federal budget is set to deliver faster tax cuts and cash for pensioners amid a Herculean push to create more jobs.
With their different but equally conservative income tax policies, both Labour and National ask voters to consider their own appetite for risk.
While those on the left, right and middle worry about the federal deficit, the real world that we live in is in trouble. The fiscal prudes are fretting about the wrong issues.
This celebrated research gives governments a reason to give climate change a low priority, but is based on spurious empirical data.


















