Economic Trends
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States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
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Why Water Prices Are Rising
America’s water crisis is a governance problem, not a scarcity problem.
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The Boomers vs. Millennials Debate Misses the Bigger Economic Point
The real challenge isn’t deciding which generation suffered more — it’s restoring the conditions that allow every generation to prosper.
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Why Keynes Would Have Feared AI — and Why We Shouldn’t
The economist who predicted abundance also worried about displacement. He was only half right.
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Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
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Why Gold Continues to Buck Trends and Outperform Stocks
Geopolitical tensions and the global financial system have changed dramatically since 2000. Markets rise and fall; what’s propelling gold?
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What 122 Universal Basic Income Experiments Actually Show
After more than 100 pilots, the evidence shows that universal basic income does little to boost employment and risks unintended economic costs.
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Moralizing Markets: Vatican Bank Wades into Faith-Based Indexing
Can the Holy See and other normative authorities harness profit-seeking systems… without undermining their purpose?
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No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
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US Economic Growth Looks Slow — Until You Compare It to Europe’s
Over the past decade, the United States has outperformed every other G7 nation. Key measures show why the US is not just getting bigger, but also growing richer.
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•
States Relying on Federal Aid Face a Reckoning
Pandemic-era aid allowed many states to expand spending without confronting long-term costs. The bill is coming due.
-
•
Why Water Prices Are Rising
America’s water crisis is a governance problem, not a scarcity problem.
-
•
The Boomers vs. Millennials Debate Misses the Bigger Economic Point
The real challenge isn’t deciding which generation suffered more — it’s restoring the conditions that allow every generation to prosper.
-
•
Why Keynes Would Have Feared AI — and Why We Shouldn’t
The economist who predicted abundance also worried about displacement. He was only half right.
-
•
Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
-
•
Why Gold Continues to Buck Trends and Outperform Stocks
Geopolitical tensions and the global financial system have changed dramatically since 2000. Markets rise and fall; what’s propelling gold?
-
•
What 122 Universal Basic Income Experiments Actually Show
After more than 100 pilots, the evidence shows that universal basic income does little to boost employment and risks unintended economic costs.
-
•
Moralizing Markets: Vatican Bank Wades into Faith-Based Indexing
Can the Holy See and other normative authorities harness profit-seeking systems… without undermining their purpose?
-
•
No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
-
•
US Economic Growth Looks Slow — Until You Compare It to Europe’s
Over the past decade, the United States has outperformed every other G7 nation. Key measures show why the US is not just getting bigger, but also growing richer.