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Articles on Economy

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A deforested piece of land in the Amazon rainforest near Porto Velho, in the state of Rondonia, in northern Brazil, on Aug. 23, 2019. Carl De SouzaA/FP via Getty Images

Brazil’s economic crisis, prolonged by COVID-19, poses an enormous challenge to the Amazon

Because Brazil's economic prosperity in the last two decades is increasingly linked to the Amazon's good health, restoring the country's economy is a critical first step toward ending deforestation.
Researchers have long been searching for a more comprehensive way to assess national progress than GDP. erhui1979 via Getty Images

Pandemic recovery will take more than soaring growth – to fuel a more equitable economy, countries need to measure the well-being of people, too

GDP only measures economic growth – not inequality, poverty or unpaid work like elder care. So researchers in the Netherlands developed a new way for governments to see how people are actually doing.
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.
U.S. taxpayers spend more than $2 billion annually in tax preparation fees. Nora Carol Photography/Getty Images

Why can’t the IRS just send Americans a refund – or a bill?

Dozens of prosperous countries save billions of dollars and hours annually by not requiring residents to fill out tax returns, so what is the United States waiting for?
Texas’ announced it is ending its COVID-19 restrictions. Its vaccination rate is among the lowest in the U.S., and its case numbers are still high. Montinique Monroe/Getty Images

States drop COVID-19 mask mandates but still expect people to mask up – will they?

The COVID-19 case spike in the summer of 2020 and earlier attempts to rely on personal responsibility, like wearing seat belts, showed that mandates make a difference.
The success of Brazil’s vaccine program will have a ripple effect on countries to which it exports commodities such as steel. Michael Dantas/AFP via Getty Images

The $4 trillion economic cost of not vaccinating the entire world

The world's most advanced economies will incur half the total costs associated with a failure to vaccinate poorer nations, which could exceed $4 trillion if only half their citizens are inoculated.

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