More in Global Economy

5 months

The Fed and QE4

“Quantitative easing” is the name given to when the Federal Reserve buys debt directly–typically debt issued by the US Treasury or mortgage-backed debt that is guaranteed in some way against default by the federal government.

5 months

Pay for State Legislators

There is a long-standing argument that states should be viewed as “laboratories of democracy,” and thus we should welcome–at least to some extent–variations in policy choices across states. It’s a chance to learn from experimentation.

5 months

The Middle East Region: Where Will Jobs and Growth Come From?

The 20 countries of the Middle East and North Africa region have a population of 486 million, a combined GDP of $3.7 trillion, and a GDP per capita of about $7,600.

5 months

Investing in Small Children

The idea that if society invests in small children, we will see a later social payoff, has a powerful intuitive and humanitarian pull.

5 months

Complexifying Antitrust

Yes, “complexify” is an actual word; it’s the opposite of “simplify.”

5 months

Some Economics of Antivenom

When there is glaring human need, there is often an opportunity for a business or a government program, or some combination of the two, to do some good.

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