This paper studies the roles of market power and taxes in determining market surplus and social welfare in the U.S. consumer firearms…
In the United States, massive fiscal expansion during the pandemic protected households and helped to return output and unemployment nearly…
We study international capital flows across 200 years. A major novelty is our analysis on official flows (government-to-government lending…
Information provided to Congress about the economic and budgetary effects of proposed legislation could be expanded and improved if further…
Martin Wolf begins The Crisis of Democratic Capitalism by observing: “As the Cold War ended, in 1989, many agreed … that the Western…