United States

What Saved American Democracy from Donald Trump?

Despite President Donald Trump's attempts to undermine it, the American democracy seems to have survived. We now need to analyze more closely the principles...

From Politics to Macroeconomics and Beyond

Alberto Alesina’s curiosity and intellect led him to a research path that opened up entire fields of research and deepened our understanding of political...

How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic

In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates and fueled...

Financial Trust Index, Covid-Edition: The CDC Is the Most Trusted Institution in America

A special wave of the Booth/Kellogg Financial Trust Index shows a high level of compliance with social distancing guidelines and stay-at-home orders. Approximately 45...

Constitutional Limits to Independent Agencies and Central Banks: A Mini-Course With Paul Tucker (Part 2)

The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...

Does Ownership of Financial Assets Lead Voters to Support Republicans?

Does owning financial assets lead voters to support Republicans? New research on the liberty bonds of World War I suggests the story may be...

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