A good few years before the AI craze, my Oxford lecturer gave a presentation on the shifting nature of work. An economic historian by trade, Judy Stephenson traced the arc…
Category:
Economy
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Two years after the European Union (EU)’s Digital Markets Act (DMA) took effect, the results have been mixed to negative. Promises about certainty, lower enforcement costs, and a more innovative…
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The strains emerging in the roughly $3 trillion private credit market are no longer isolated anecdotes; they are coalescing into a coherent signal of tightening financial conditions at precisely the…
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The extended partial government shutdown has led to long lines of frustrated passengers at airports nationwide as unpaid Transportation Security Administration (TSA) agents walk out. Officials even warn that small…
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Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review,…
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Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review,…
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Paul Ehrlich, famed biologist, died last week at age 93. Ehrlich rose to fame in the 1960s as the author of a book that resonated powerfully with the public, The…
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Economy
Ending the Era of Energy Favoritism: How Technology-Neutral Policy Can Unlock the US Power Grid
Executive Summary The United States has exceptionally abundant energy resources and a rich portfolio of energy-producing technologies. Nevertheless, its power sector un-derdelivers due to institutionally distorted policy design rather than…
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A new Harvard-Harris poll shows that 60 percent of voters believe teachers unions should stay out of politics. A differently worded poll would likely reveal even stronger sentiment. Ask voters…
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The Federal Open Market Committee (FOMC) held interest rates steady on Wednesday, keeping its target range at 3.5 to 3.75 percent. Chair Jerome Powell offered a sober but familiar assessment:…