The government in Dublin has a big budget surplus, thanks to its low tax rate for multinationals. Build more housing? Or a subway? Sock it away? Whatever the case, someone will be unhappy.
Category: Economics (Theory and Philosophy)
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The Pandemic’s Labor Market Myths
Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet.
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Harvard’s Francesca Gino, Dishonesty Expert, Is Accused of Fraud
Questions about a widely cited paper are the latest to be raised about methods used in behavioral research.
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William E. Spriggs, Economist Who Pushed for Racial Justice, Dies at 68
An educator who served in the Obama administration, he championed workers, especially Black workers, and challenged his profession’s racial assumptions.
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Robert E. Lucas Jr., Nobel-Winning Conservative Economist, Dies at 85
Challenging the theories of John Maynard Keynes, he questioned the idea that government intervention could help steer the economy.
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Republican Economists Line Up Behind Biden Nominee
Jared Bernstein, the president’s choice to chair the Council of Economic Advisers, won praise for his work that led to a provision in the Trump tax cuts in 2017.
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White House Aims to Reflect the Environment in Economic Data
The New York Times – Business:The Biden administration has set out to measure the economic value of ecosystems, offering new statistics to weigh in policy decisions.
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Edward C. Prescott, 81, Dies; Won Nobel for Studying Business Cycles
The New York Times – Business:He was among the leading thinkers to explain the economic shocks of the 1970s, and his work was critical to the supply-side economics of the ’80s.