President Joe Biden authorized use of the Defense Production Act to ramp up production of several climate-friendly technologies.
Other presidents used the Defense Production Act to boost fossil fuel supplies. Biden is now using it to boost clean energy. But just ramping up production isn’t enough to succeed.
Fish stocks are in decline around the world, in part because of the way we value nature and fail to account for their long-term benefits.
Humans have failed to take good care of the ocean — and the environment at large — because we undervalue its goods and services.
The 2022-23 budget is the result of a good plan, well executed. But whichever party next takes government must close the deficit gap – without resorting to austerity.
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The budget forecasts and unemployment numbers show Josh Frydenberg’s COVID support spending has paid dividends.
Zero-sum competitive environments that set up winners and losers may be less appealing to women.
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A focus on raw intellectual talent may unintentionally create a cutthroat workplace culture. New research suggests women’s preference to avoid that environment may contribute to gender gaps in some fields.
Anthony Albanese will declare he would govern on the Hawke model of consensus, in a Wednesday economic speech that also directs a strong pitch to business.
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.
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.
Renewable energy prices have fallen faster than predicted.
Human behaviors shift. Policies change. New technology arrives and evolves. All those changes and more are hard to predict, and they affect tomorrow’s costs.
Many current consumer options are environmentally damaging.
Research shows people want government to restrict excess consumption through regulations, not just to rely on citizens to make better choices.
Wind power has been bolstered by government subsidies.
Providing government subsidies for emerging clean technologies could unlock their transformative potential.
Surfing’s benefits to well-being aren’t often studied in economics terms. This is a major gap in our knowledge we’re now trying to fill.
It’s easy to be swayed by the grand promises of AI. But new technology is not the solution to everything. Do your sums first.
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Australia’s ‘blue economy’ needs a strong basis in marine science.
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How economic thinking on climate change has evolved since the 2006 Stern Review.
The fight over the minimum wage continues.
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The question is actually one of the most studied in all of economics and still doesn’t have a definitive answer – though Nobel-winning economist David Card got us closer.
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)
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.
Rising household debt in South Korea is crippling many and Squid Game speaks to this very real horror facing many in the country.
A woman running her stall on Vilakazi Street, Orlando West. Soweto, Johannesburg.
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South Africa has a huge gender gap in terms of policies and interventions that would help women entrepreneurs.
Microeconomists study how individuals and companies balance their desires and needs with costs and available resources.
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Microeconomics analyzes how individuals and businesses behave as they try to get the most they can for as little money as possible.
Does Fed Chair Jerome Powell have the tools to tackle racial disparities?
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Central bankers are expected to discuss the racial income and wealth gaps during the virtual Jackson Hole retreat. But an economist argues that the Fed is not suited for addressing these issues.