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Articles on Economics

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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)

Nobel winner David Card shows immigrants don’t reduce the wages of native-born workers

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.
Women have many more work and educational choices than previous generations, which affect their decisions about having children. Justin Lewis/DigitalVision via Getty Images

Expanding opportunities for women and economic uncertainty are both factors in declining US fertility rates

Economic opportunities, social norms and expanding education and employment options for many women help explain why U.S. fertility has slowed in the late 20th and early 21st centuries.
El Salvador is likely to become the first country to adopt bitcoin as legal tender. Momentum Fotograh/Shutterstock

Bitcoin: El Salvador’s grand experiment

El Salvador has become the first country to adopt bitcoin as legal tender. This is a noble idea, but unworkable in the long term.
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.

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