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Articles on Economics

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Recent college graduates owed an average of nearly $30,000 in student loans in 2019. lightspeedshutter/iStock via Getty Images Plus

Student loan debt is costing recent grads much more than just money

Student loan debt can affect not only the financial health of recent grads but also their mental and emotional health. Three scholars weigh in on the greater costs student loans can have on borrowers.
A person sits on a tripod platform high above the street as protesters occupy an intersection during a demonstration to call for government action to on climate change in Vancouver in February 2021. THE CANADIAN PRESS/Darryl Dyck

Climate action, job creation are top post-pandemic priorities for Canadians

As Canada emerges from the pandemic, creating jobs and achieving full employment are top priorities. Relegated to the back burner are balanced budgets and reducing debt.
Some companies’ net-zero plans include continuing to emit climate-warming greenhouse gases for decades. Christopher Furlong/Getty Images

Why corporate climate pledges of ‘net-zero’ emissions should trigger a healthy dose of skepticism

CEOs, including at oil companies and airlines, are relying on trees and oceans to capture and store carbon for them, but the numbers don't add up.
Since its creation in 1999, the inflation rate in the euro zone has only exceeded 4 percent for a few months, on the eve of the Great Recession of 2008. Shutterstock

Why the return of high inflation can no longer be excluded

Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.
The use of coal for electric power has been declining fast in the U.S. AP Photo/J. David Ake

What’s really driving coal power’s demise?

Contrary to popular belief, falling natural gas prices didn't significantly accelerate coal power plant retirements. Here's what did.
Demonstrators at Philadelphia International Airport protest President Trump’s executive order clamping down on refugee admissions on Jan. 29, 2017. Jessica Kourkounis/Getty Images

Refugees don’t undermine the US economy – they energize it

Refugees hinder the US economy, the Trump administration has said as it cuts refugee admissions to record lows. But data show that they boost economies, revive neighborhoods and expand tax bases.
Business restrictions early in the pandemic, when rural towns had few cases, triggered a backlash that haunts them now. Johannes Eisele/AFP/Getty Images

In rural America, resentment over COVID-19 shutdowns is colliding with rising case numbers

Coronavirus cases have risen sharply across the Mountain West, Midwest and plains. Over 70% of nonmetropolitan counties are now "red zones," suggesting viral spread is out of control.

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