More in Global Economy


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Easing in the Middle of Persistent Inflation May Worsen Stagflation Risk

In the second half of 2024, thirty major central banks are expected to cut rates.

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A Century of Movement Toward Central Bank Independence

There has been a controversy in recent decades about the independence of central banks from the rest of the government.

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A Market Failure Case for Place-Based Policy

Economists have traditionally focused on policies aimed directly at low-income people, rather than at low-income places.

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User Improving Regulatory Targeting: Lessons from OSHA

Many government agencies with enforcement power face a common problem.

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Unlocking Inclusive Growth through Digital Identity

Digital identity is a crucial component of our online lives, enabling us to access a range of services from banking to social media.

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U.S. Swing States Misery Index Shows Bidenomics is Failing

One of the most dangerous things that a government can do is present a glossy picture of the economy.

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Provision of Care: A Challenge for Economics

The size of an economy is typically measured by Gross Domestic Product, which sums up all the monetary transactions in an economy.

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