What Is the Difference Between Mercantilism and Imperialism?
Whereas mercantilism is an economic system in which a country's government manipulates…
What is ‘Development Economics’?
Development economics is a branch of economics that focuses on improving fiscal,…
Measuring the welfare effects of AI and automation
Growing adoption of the new generation of technologies such as smart automation…
Why Did the US Labor Share of Income Fall So Quickly?
The share of US national income going to labor was sagging through…
An old result on automation and wages
The first issue of AER Insights is out and the very first article is…
Is the U.S. budget deficit sustainable?
The U.S. federal budget deficit for 2018 came in just shy of…
The costs and benefits of performance fees in mutual funds
Performance fee-based contracts, which aim to align the interests of the fund…
