An economist explains why the long-term drop in the participate rate is an even bigger problem for the US economy than the May slowdown in jobs growth.
Both presidents brought border traffic and trade to a standstill in hopes of changing Mexican policy in the drug war. And both failed to achieve their goals.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
With President Trump insisting on funding for his border wall and Democrats vehemently opposed, a partial government shutdown is possible. Here’s what it could mean for the economy.
The rise of superstar companies that dominate their industries may be partly to blame for the lack of wage growth in the US in recent years. It could also suggest a solution.
Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
Minister for Finance Mathias Cormann said corporate tax cuts in the US had led to ‘stronger investment, stronger growth, a lower unemployment rate and higher wages’. Let’s take a closer look.
The Trump administration’s promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.