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Articles on Economics

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Image of Earth’s city lights, created with data from the Defense Meteorological Satellite Program. NASA/Newsmakers via Getty Images

What the controversial 1972 ‘Limits to Growth’ report got right: Our choices today shape future conditions for life on Earth

A 1972 report warned that unchecked consumption could crater the world economy by 2100. Fifty years and much debate later, can humanity innovate quickly enough to avoid that fate?
Keeping these aspects of taxation in mind can help us hold governments accountable for the taxes that they try to implement and prevent future unethical and legally questionable taxes from being put in place. (Shutterstock)

10 things everyone should know about taxation

Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
Canadian David Card, winner of the 2021 Nobel Prize in economics, stands for a portrait in Berkeley, Calif. Card, a professor at the University of California, Berkeley, received the award for his research on minimum wages and immigration. (AP Photo/Noah Berger)

Nobel winner David Card shows immigrants don’t reduce the wages of native-born workers

Canadian economist David Card won the Nobel Prize in economics for demonstrating that large-scale immigration has no effect on the wages of native-born workers. In doing so, he’s challenged Economics 101.

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