More in Global Economy


7 months

Antitrust and the Consumer Welfare Goal

The “merger guidelines” that have been published by the Federal Trade Commission and the US Department of Justice since 1969–with updates happening every 10-15 years–serve an unusual role.

7 months

Optimism About Inflation May Be Premature

Markets are pricing a rapid decline in inflation and the end of central bank policy normalization. However, there are two challenges ahead that we must consider.

7 months

Levitt Interviews Solow on Life Events and Economic Growth

Robert Solow (Nobel ’87) is known in the economics profession for conceptualizing the broad methods of studying economic growth that are still used today.

7 months

Productivity Research: Where It’s Been, Where It’s Headed

For any society, productivity growth is the difference between living in a zero-sum polity, where gains for some can only come as a result of costs for others, and a positive-sum policy, where social arguments can be about the distribution of gains rather than the imposition of losses. I sometimes say that no matter what your economic issues are, it’s a lot easier to achieve them in a positive-sum world.

7 months

Second Thoughts about Nudge-based Behavioral Policies

Cass Sunstein and Richard Thaler published several years ago Nudge: Improving Decisions about Health, Wealth, and Happiness.

7 months

The New Tech Economy and Machine Learning: Transforming Industries and Driving Innovation

In the last decade, machine learning has revolutionized the new tech economy as well as the way we live and work.

7 months

Looking Back at the Supply Chain Woes

The global economy experienced significant disruptions in its supply chains during the pandemic.

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