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It might seem that a disaster was averted by the last-minute fiscal-cliff deal. But the wrath of House Republicans has simply moved to a…
The Fed's Dangerous Direction. Martin Feldstein, January 3, 2013, Opinion. "The Federal Reserve is heading in the wrong direction. What the…
Do Women Pay More For Credit? Evidence from Italy. Alberto Alesina, January 3, 2013, Paper. "By using a unique and large data set on loan…
First: Thursday’s congressional swearing-in will reflect the stunning success of the Democrats’ ground game at turning out minorities — a…
The Unstarvable Beast. Kenneth Rogoff, January 2, 2013, Opinion. "As the world watches the United States grapple with its fiscal future,…
We hypothesized a phenomenon that we term myopic misery. According to our hypothesis, sadness increases impatience and creates a myopic…
Sadness influences consumption, leading individuals to pay more to acquire new goods and to eat more unhealthy food than they would…
The nation-state has long been under attack from liberal economists and cosmopolitan ethicists alike. But it has proved remarkably…