A new study found that fair prices for medications like Wegovy and Zepbound would be hundreds less per month than they are now.
Category: Economics (Theory and Philosophy)
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Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.
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Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.
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Why Cooling Inflation Hasn’t Eased Sticker Shock
The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things now actually cost.
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Have Paychecks Kept Up With the Cost of Living?
On average, wages have risen faster than prices in recent years. But not all Americans are getting ahead.
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Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.
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Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson
Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on the gaps in prosperity between nations.
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Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Kamala Harris Blames ‘Price Gouging’ for Grocery Inflation. Here’s What Economists Say.
Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.