NEW YORK – Let’s hope U.S. policymakers have woken up to the fact that the country is in a period of sclerosis, where its economic institutions...
But the worry is that upheaval will follow some huge technological shift.
A national service program holds promise for mending our shredded social fabric.
It would be bad news for workers if the U.S. did anything to slow the flow of capital from overseas.
German unions’ willingness to hold down wages led to lower production costs in Germany, allowing the country to export more
Both exports and wages are on the rise from the depths of the financial crisis.
Lower rates do more to stimulate growth when given to the poor and middle class than to the rich.
Just because something can be observed doesn't mean that it's important.
A lack of executive talent helps explain lagging corporate performance, slumping productivity and rising inequality.
For years, economists believed government couldn't stimulate growth. The Great Recession changed a lot of minds.
Boomers and Gen Xers thought they had it made. But free markets, deregulation and financial errors cost them dearly.
Instead of wasting time on partisan political fights and culture wars, the country's leaders targeted real problems.
Contrary to a recent study, there is little evidence they improve academic performance.
The tools the profession uses to forecast recessions still are a long way from being up to the task.
When the labour-force drop-out problem is chronic, a different kind of policy may be needed—a government-job guarantee
Since work offers such important social benefits along with an income, government should adopt a New Deal-style jobs program.
Great technology isn't enough. A country also needs great institutions, and many of the U.S.'s are in trouble.
Many ailing cities like Flint, Michigan, already have universities. Making them bigger and better would help the local economy.
Their European counterparts face the same social and economic stresses. Guaranteed national health care is the only difference.
Exchanging cheap U.S. crops for expensive foreign cars and computers doesn't look like a winning trade.
More and more newcomers are arriving with education and skills. They raise wages for everybody.
Rising prosperity widened income gaps in Latin America and China, but the trend is reversing.
Academic researchers are getting more room to conduct experiments free of meddlesome review. That's great for social science.
Be skeptical, not cynical. Let research shift your beliefs, but don’t rely on a single paper.
President Donald Trump has released a budget plan for federal discretionary spending (which doesn’t include interest on the national debt or...
Cutting back on government-funded research will inhibit productivity and slow economic growth.
When the currency gains, U.S. exports become less competitive and imports become cheaper.
David Autor upended the assumption that everyone benefits when countries swap goods without restrictions.
Mathematical theories didn't predict the Great Recession. Research grounded in data should hold up better.
Police who protect residents, rather than prosecute them, can contain the violence that begets violence.
Working women boost household incomes. But some Americans, especially low-income men, have had trouble adapting.
Welcoming foreigners has always made America stronger. Even George Washington understood that.
Reshoring production would be good for the economy. Just don't expect a boom in blue-collar jobs.
The Luddites can save jobs in the short term. But they cause harm in the long run.
There's no future in the U.S. for old-line manufacturers that dominated the mid-20th century economy.
Ending deductibility of corporate debt would shake up markets -- and eventually help stabilize the economy.
Painkiller abuse keeps people from working. Think about the low U.S. labor-participation rate.
Kevin Hassett has his profession's respect and a great idea about jobs.
The forces that drove stocks and real estate values higher for a generation look like one-time events.
Imposing added costs on new technology will slow growth and won't help people displaced by automation.
Because of falling birthrates, the U.S. requires newcomers to ensure population -- and economic -- growth.