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.
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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.
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.
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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.
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Matthew E. Kahn, USC Dornsife College of Letters, Arts and Sciences
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.
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Opponents of a new California law that may lift the minimum wage for fast food workers claim it’ll cost jobs. How raising it affects employment is among the most studied issues in all of economics.
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.
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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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.