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Politicians often attempt to win elections by appealing to popular anger against bankers and speculators, a sentiment reflected in…
Manufacturing jobs, once the backbone of the modern US economy, have declined as a share of GDP over recent decades, darkening…
While gold prices rise due to heightened geopolitical uncertainty, the US stock market is breaking records, and global demand for the…
Driven by the push to decarbonize the world and achieve net zero emissions by 2050, a new anti-elite revolt is in the making in developed…
Global demand for renewable energy is growing rapidly, fueled by the falling cost of solar panels, wind turbines, and electric vehicles.…
At first glance, the European Union’s Carbon Border Adjustment Mechanism may look like a potential source of international discord. But a…
In 1975, the Nobel laureate economist William D. Nordhaus suggested that developing economies might seek to prop up the value of their…
Even those who believe that Democrats, by and large, pursue better economic policies than Republicans have a hard time explaining why the…
We begin by examining determinants of aggregate foreign exchange reserve holdings by central banks (size of issuing country’s economy and…