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“Economics Now Points Away From the Laissez-Faire Approach”
Columbia professor Suresh Naidu on Economics for Inclusive Prosperity, the new initiative he launched with Dani Rodrik and Gabriel Zucman, and why he believes...
The Costs of Trump’s Import Tariffs Have Landed Entirely on US Citizens
US importers and consumers experienced $12.3 billion in added tax costs and another $6.9 billion from unrecoverable reductions in welfare arising from the 2018...
How Finance Affects Income Inequality
There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...
Social Media Clickwraps and the “Manufacture of Consent”
A new study identifies a political economic interface design strategy that threatens privacy protections by maintaining “the biggest lie on the internet.”
We check the...
The News Media’s Business Model of Extortion
The Jeff Bezos vs. The National Enquirer scandal highlights the role that extortion may play in the business model of some news outlets.
Jeff Bezos’s...
Rents and Inclusive Growth: A Decline in Rent Sharing Implies Growing Income Inequalities
A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing...
Study: Medicaid Expansion in Michigan Led to Less Financial Distress
A new study finds that obtaining health insurance coverage leads to lower unpaid debt, fewer bankruptcies, fewer evictions, fewer late payments, and higher credit...
How Market Power Worsens Income Inequality
Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...
What Comes After Trickle-Down Trade Liberalization?
The United States needs to rethink its trade policy. A new report offers a blueprint, consisting of ten major reforms.
US trade policy is at...
Reducing Wealth Inequality Through Wealth Taxes Without Compromising Economic Growth
New research proposes two ways of using wealth taxes to reduce inequality and increase efficiency.
Economic inequality has risen significantly within major economies around the...
