Topic: Economy
Modern Monetary Theory: Fiasco in Latin America, Option in U.S.?
The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies
Some Unfortunate Truths about Trade
The troublesome relationship between tariffs, trade deficits and the tenuous economic recovery
Which Policies Best Counter Mass Layoffs? Maybe None
A study of military base closures finds that labor-friendly policies had little effect on job growth after the layoffs
Credit Scores, Used to Predict Repayment, Can Restrain Economic Recovery
Rigid adherence to scoring systems can reduce consumer spending when it’s most needed
Municipal Pension Crisis Made Worse by Democrats in Close Elections
Sixty years of data suggest retirement obligations rise after Democrats scrape into office
An Early Episode of How Corporate Profits Shaped Labor Markets
Caribbean plantation owners, faced with slavery’s end, enacted legal barriers to employment elsewhere
Parents Who Favor Boys Raise Girls Who Score Lower in Math
A clue that parents prefer a son: They have more kids when their firstborn is a girl
94% of China’s Pollution Inspections Find No Violation
Researchers offer a model for more effectively targeting wrongdoers
Do Private Prisons Lead to Higher Incarceration Rates?
Researchers take on the difficult job of isolating for-profit prisons from a host of other factors
When Manufacturers Commence Exporting, They Become More Efficient
Looking at costs, in a sample of 5,000 plants in Chile, remarkable productivity gains occur
Do People Donate Money to Signal Their Intelligence?
Research suggests such a connection when donations are publicized
Impact of High-Speed Rail: Surprising Data on Real Estate Prices
In Japan, speedier commutes let workers live farther from jobs, taking some pressure off high-priced housing markets
Through the Minimum Wage Looking Glass: Economic Consensus Unrealized
Researchers struggle with faulty study designs, flyspecking each other’s work, re-arguing decades of debate about jobs and income
How Local Governance Came to England’s Economy
Nico Voigtländer found that to combat arbitrary taxes and corruption, merchants persuaded the king to cede control
Citizens Are Not Fooled by Fake Statistics
What happened when the Argentine government lied about inflation numbers?
The Limited Payoff in Auto Insurance Advertising
Ads aimed at brand awareness are shown to be more effective