America’s coal heartland is delighted with Donald Trump’s election win. But like King Canute, he can’t turn back the tide of the global market push away from coal and towards renewables.
The 8 million illegal workers currently in the US workforce contribute to US output, mainly in low-skilled jobs.
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Many US voters appear to believe that deporting illegal immigrants would boost job opportunities and wages for US workers. But economic modelling suggests different conclusions.
Four of our economic scholars weigh in on Trump’s legislative agenda, healing the divide, uncertainty and something known as the ‘presidential puzzle.’
Flanked by his family, US President Elect Donald Trump called for unity as he claimed victory.
Carlo Allegri/Reuters
Leading Australian academics respond to Donald Trump’s victory, and look ahead to what kind of president he might be. Much unknown about Trump’s foreign policy, but expect instability Gorana Grgic, lecturer…
The ASX200 closed down 2% on the day of the US election.
Paul Miller/AAP
Looking back over past US elections you can see how the terms of the economic debate have varied – as the solutions to past crises have set the groundwork for renewed instability.
U.S. middle class, R.I.P.?
Middle class demise via www.shutterstock.com
Although the economy added jobs for a 72nd month – the longest streak since WWII – growth remains sluggish. Two economists argue it’s up to lawmakers and the next president to pick up the slack.
Trump has his sights set on the US Fed.
Shawn Thew/AAP/EPA
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
Chair Janet Yellen acknowledges: It’s a tough call.
Gary Cameron/Reuters
The Fed left interest rates unchanged but said improving economic data means it will likely lift them later this year. We asked two scholars – and ex-Fed officials – if it was the right call.
In 2014, Obama signed executive actions aimed at narrowing the pay gap between men and women. Did they work?
Kevin Lamarque/Reuters
Ian Anson, University of Maryland, Baltimore County
New research shows that ideological media employ a powerful method to bias partisans’ economic beliefs. In turn, partisans perform mental gymnastics worthy of Simone Biles to preserve those biases.
An anti-immigrant mood has been sweeping the West, such as in Finland.
Scanpix Sweden/Reuters
Many politicians in the West – from backers of Brexit to Donald Trump – have convinced voters that immigrants are hurting their economies. The evidence suggests otherwise.
The major presidential candidates each gave an economic address this week. Get behind the problems they identified and the promises they made with this roundup of key coverage from our archive.