David A. Price interviews Edward Glaeser, with the subheading “On urbanization, the future of small towns, and “Yes In My Back Yard” (Econ Focus, Federal Reserve Bank of Richmond, Fourth Quarter 2021, pp. 19-23).
Global debt as a share of GDP rose to an all-time high in 2020, according to the latest update of the IMF’s Global Debt Database.
As I have written before, the $18 billion spent on the Operation Warp Speed program to accelerate the development of COVID vaccines may well have the highest benefit-to-cost ratio of any government program that has ever existed.
The countries of sub-Saharan African have the lowest per capita GDP and the highest birth rates of any region in the world.
When it comes down to discussions of whether the United States needs an activist industrial policy to power future economic growth, maybe the most common argument I hear is that other countries like China are doing it, so the US needs to do it as well.
The use of economic sanctions by the United States has increased tenfold in the last 20 years.
The Spanish government and its supporters question the GDP figures, which show a very poor recovery, lagging behind the OECD and European Union, stating that employment is recovering stronger therefore the GDP figure must be wrong.