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Climate Summit 2021: President Joe Biden Announces the United States Will Aim to Cut Carbon Emissions by as Much as 52% by 2030
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Economics of World War I
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"You Cannot Convict Your Opponent of Error; You Can Only Convince Him Of It"
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100 Million Traffic Stops: Evidence on Racial Discrimination
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1957: When Machines that Think, Learn, and Create Arrived
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8 Downside Risks to Indian Economy in 2018
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A “Medicare Funding Warning” from the Trustees
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A Bee Industry Update: Colony Collapse Disorder and Almond Pollination
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A Bounce Is Not A Recovery
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A Brave New World for Value Investing
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A Century of Suffrage for American Women
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A Classic Question: Does Government Empower or Stifle?
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A Concerning Indian Economic Outlook
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A Currency War Will Only Weaken Growth And Strengthen Gold
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A Flare of Light On The Russian Horizon
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Who Benefits from Canceling Student Loans?
Student loans are packaged together and then sold as financial securities, just like auto loans and credit card debt and home mortgages.
Some Economics for Martin Luther King Jr. Day
On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be celebrated each year on the third Monday in January.
The US Economy as 2022 Begins
The Federal Reserve Bank of New York puts out a monthly publication called “U.S. Economy in a Snapshot,” a compilation of figures and short notes about the most recently available major macroeconomic statistics.
Advice for Academic Writing About Data
As the Managing Editor of an economics journal, I’m always intrigued by advice about what goes into writing a good academic paper.
The Fed as Borrower of Last Resort?
Economics textbooks teach that one role of central bank during a financial or economic crisis is to act as a short-term “lender of last resort”: that is, when the financial system is in danger of freezing up in a way that can lead to an expanding vicious circle of defaults–as those who can’t get roll-over loans are unable to repay others, who also can’t roll over their loans, and son on–the central bank makes short-term credit available.
US Pharmaceuticals: A Bifurcated Market
The US pharmaceutical industry faces two important goals–which conflict with each other.
The US Labor Market Remains Weak Amid Inflation Spike
The United States December jobs report shows that the labor market remains weak.
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