Economics

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Pedestrians walk past the outside of the New York Stock Exchange shortly after the opening bell in New York, September 2018

Lucas Jackson / REUTERS

Mind the Gap

Despite evidence that closing gender inequalities in the workplace could boost growth, the wage gap persists in the United States.

Rachel Vogelstein and Alexandra Bro

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Economics May 8, 2019 Snapshot

Mind the Gap

Despite evidence that closing gender inequalities in the workplace could boost growth, the wage gap persists in the United States.

Rachel Vogelstein and Alexandra Bro

Economics May/June 2019 Essay

All the King’s Consultants

Experts play valuable and highly visible roles advising leaders in wealthy liberal democracies and international institutions. But far less is known about what they do...

Calvert W. Jones

MBS talks with King Salman during the GCC Summit in Riyadh, Saudi Arabia, December 2018

Economics Mar 15, 2019 Snapshot

Emerging Markets Aren’t Out of the Woods Yet

Original sin hasn't gone completely.

Agustín Carstens and Hyun Song Shin

The floor of the Buenos Aires Stock Exchange in Buenos Aires, Argentina, September 2018

Economics Mar 13, 2019 Snapshot

Can Putin Fix Russia’s Sputtering Economy?

Adjusting for inflation, household disposable incomes in Russia have declined each of the past five years. It’s no wonder that Russians are beginning to ask questions.

Chris Miller

Russian President Vladimir Putin addresses the Federal Assembly in Moscow, Russia, February 2019

Economics Mar 11, 2019 Snapshot

What’s Causing China’s Economic Slowdown

China's economy is slowing, but Beijing will keep it going.

Christopher Balding

A production line in a factory in Huzhou, Zhejiang province, China, January 2019

Economics Feb 21, 2019 Snapshot

What’s Driving the Crisis in Zimbabwe?

The brutal state crackdown on protesters in Zimbabwe comes amid tensions within the ruling government and an economic crisis with no end in sight.

Stephen Chan

A man moves a burning barricade during protests on a road leading into Harare, Zimbabwe, January 2019

Economics March/April 2019 Essay

Who’s Afraid of Budget Deficits?

It's time for Washington to focus on bigger things.

Jason Furman and Lawrence H. Summers

Budget buster: Trump after signing a tax bill, Washington, D.C., December 2017

Economics Jan 7, 2019 Snapshot

The Real History of Intellectual Piracy

What China Can Learn From America

B. Zorina Khan

Customers at a Xiaomi product launch in Shenzhen, China, May 2018.

Economics January/February 2019 Essay

The Free-Trade Paradox

Economists may have to accept that convincing most people of the value of free trade is a losing fight.

Alan S. Blinder

The spoils of trade: imported frozen seafood in Vernon, California, September 2018.

Economics January/February 2019 Review Essay

Snake-Oil Economics

Stephen Moore and Arthur Laffer's over-the-top enthusiasm for U.S. President Donald Trump's sketchy economic agenda in their new book Trumponomics is not...

Reviewed by N. Gregory Mankiw

Economics Oct 31, 2018 List

How to Understand the Financial Crisis

The Lessons That Have—and Haven’t—Been Learned From 2008

Economics November/December 2018 Essay

How to Save Globalization

To compensate the losers from globalization, the United States must build a lifelong ladder of opportunity that goes from early childhood education to employment-based...

Kenneth F. Scheve and Matthew J. Slaughter

A steelworker at a plant in Granite City, Illinois, May 2018.

Economics November/December 2018 Review Essay

The Unheard Nerds

Karen Dynan, former chief economist at the U.S. Treasury Department, reviews a new book by former Vice-Chair of the Federal Reserve Alan Blinder on the failure of...

Reviewed by Karen Dynan

Economics Sep 25, 2018 Snapshot

Yes, Iran’s Economy Is Suffering—But It’s Not All About the U.S.

Although U.S. President Donald Trump has hurt the Iranian economy, the unexpected depth of the rial’s decline owes less to U.S. policy than to poor decision-making in...

Djavad Salehi-Isfahani

Iranian President Hassan Rouhani addresses the Innovation and Industry Forum during an official visit in Bern, Switzerland, July 2018.

Economics Sep 13, 2018 Snapshot

The Financial Crisis Is Still Empowering Far-Right Populists

Financial crises empower right-wing populists. The crash of 2008 was worse than usual.

Manuel Funke, Moritz Schularick, and Christoph Trebesch

Trump at a rally in Evansville, Indiana, August 2018.

Economics November/December 2018 Essay

The Crisis Next Time

It shouldn’t have taken policymakers as long as it did to relearn what they should have already known about financial crises.

Carmen Reinhart and Vincent Reinhart

A foreclosed home in Stockton, California, May 2008.

Economics Sep 7, 2018 Snapshot

Is Automation Really to Blame for Lost Manufacturing Jobs?

What the Conventional Wisdom Gets Wrong

Susan N. Houseman

Trump speaks at a factory in Blue Ash, Ohio, February 2018.

Economics September/October 2018 Review Essay

Brand New Left, Same Old Problems

If progressives are to recreate the successes of the New Deal era, they will need to rediscover the art of coalition-building that made the New Deal in possible in the...

Reviewed by Suzanne Berger

Economics Jul 23, 2018 Postscript

How Trump Is Repelling Foreign Investment

Trump's economic policies are killing foreign investment in the United States.

Adam S. Posen

Trump holds a signed memorandum on tariffs on Chinese goods, at the White House, July 2018.

Economics Jun 22, 2018 Snapshot

Modinomics at Four

After four years in power, the Modi government has largely succeeded in addressing the economic problems that it campaigned to fix.

Arvind Panagariya

Indian Prime Minister Narendra Modi addresses an election campaign rally ahead of the Karnataka state assembly elections in Bengaluru, India, May 2018.

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Economics

Mind the Gap

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Mind the Gap

All the King’s Consultants

Emerging Markets Aren’t Out of the Woods Yet

Can Putin Fix Russia’s Sputtering Economy?

What’s Causing China’s Economic Slowdown

What’s Driving the Crisis in Zimbabwe?

Who’s Afraid of Budget Deficits?

The Real History of Intellectual Piracy

The Free-Trade Paradox

Snake-Oil Economics

How to Understand the Financial Crisis

How to Save Globalization

The Unheard Nerds

Yes, Iran’s Economy Is Suffering—But It’s Not All About the U.S.

The Financial Crisis Is Still Empowering Far-Right Populists

The Crisis Next Time

Is Automation Really to Blame for Lost Manufacturing Jobs?

Brand New Left, Same Old Problems

How Trump Is Repelling Foreign Investment

Modinomics at Four

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Graduate School Forum

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Mind the Gap

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