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An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.
Some worry that efforts to reduce energy consumption by increasing fuel efficiency cause a so-called rebound effect that eats into the expected savings. We tested the theory.
Even when a hotel or restaurant ranking accurately reflects quality, consumers may be better off not knowing.
Investment gaps may be key to understanding why poorer children perform so much worse throughout life.




