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Following is the text of an essay on the American tradition of a foreign policy of ideas, adapted from the just-published ...

Speaking about retirement, he said stepping away entirely has not appealed to him. 'Part of what made me successful in my ...

By introducing young learners to concepts like scarcity, trade-offs, and incentives, it equips them with the tools needed to ...

For decades, economists gave short shrift to the idea of monopsony — a power employers can have to suppress wages. Now a wave ...

Even Pittsburgh-based journalist Erika Beras was a little intimidated when she first took a job as a reporter and host for ...

Teaching financial literacy stripped of economics leaves students with a collection of rules without the reasoning to apply ...

The Permian Basin, the largest oil field in the U.S., is a long way from the Persian Gulf. When global oil prices rise ...

We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes – based on major legislative ...

This paper analyzes the literature that links macroeconomics and climate change. We organize our paper around three themes: (i) loss and damage, which assesses long-run economic costs and non-market ...

An illustration of a magnifying glass. An illustration of a magnifying glass.

At a time when economic debates are polarized between narrow-minded individualism and utopian collectivism, the Catholic ...