More in Global Economy


6 months

Some Economics of Global Migration: WDR ’23

The World Development Report is one of the flagship annual reports for the World Bank: for 2023, the theme is “Migrants, Refugees, and Societies.”

6 months

As Survey Responses Drop, Where Can the Economic Data Come From?

Traditionally, the United States has relied on government surveys to gather essential data on employment, income, and other critical aspects of the economy.

6 months

Tragic Earthquake Strikes Morocco

Late Friday night, Morocco was struck by a rare and powerful earthquake.

6 months

Interview with Melissa Kearney: Two-Parent Privilege

David A. Price carries out an “Interview” with Melissa Kearney, subtitled “On the American fertility decline, the role of social norms, and the link between single-parent households and economic gaps” (Econ Focus: Federal Reserve Bank of Richmond, Third Quarter 2023, pp. 16-20).

6 months

Remittances: They Just Keep Rising

"Remittances" involve earning money abroad and sending some back to one's home country.

7 months

When the Time Price of Leisure Rises: The Linder Theorem

In the United States, we naturally celebrate the Labor Day holiday with a holiday from work.

7 months

For the US and Global Economy, What Pathways to Reduce Government Debt?

It’s well-known (although it’s not clear anyone wants to do anything about it) that US budget deficits and government debt took a big jump during the Great Recession from 2007-9, then another big jump during the pandemic recession, and are projected to rise steadily in the middle-term as an aging US population leads to higher government spending on Medicare, Medicaid, and Social Security. But it’s not just the United States. Especially after the pandemic, government debts around the world are high. The question is, based on past experience, what steps have some plausibility for reducing these debts.

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