A Dallas Fed study shows how much it could sap economic growth.

Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth ...

The UK's Modern Industrial Strategy, published on June 23, marked the next milestone in the government’s quiet revolution in ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

This paper analyzes the potential economic impact of a renewed India-Pakistan war by synthesizing historical data from previous conflicts and examining current economic vulnerabilities in both ...

New research from the Federal Reserve Banks of New York and San Francisco says markets put the odds of zero interest rates ...

Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.

He suggested Sir Keir Starmer should consider a wealth tax with a high threshold so that “people’s houses would be safe”, proposing a 2 per cent levy on assets of £10m, which he said would bring in ...

Estimates of the long-term annual cost of global warming lie in the range of 0.2-2% of global income. This high cost has generated widespread political concern and commitment as manifested in the ...

This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a ...

Golden State optimism has declined by 25% since October. But after Trump first won, confidence rose 19% in the same time frame.