The effects of unemployment benefit duration

Tyler Smith In December 2013, when Congress failed to reauthorize the Emergency Unemployment Compensation Act, many prominent economists predicted a substantial decline in employment and labor force participation.   In a paper in the American Economic Journal: Macroeconomics, authors Marcus Hagedorn, Iourii Manovskii, and Kurt Mitman show, to the contrary, that this abrupt end to unemployment benefits actually led to a surge […]

Trump: Pro-crypto or Pro-crime?

Paul Krugman On one side, the Trump administration is sinking small boats that it claims, without evidence, are smuggling drugs — and according to the Washington Post, Pete Hegseth, the self-styled Secretary of War, has personally ordered at least one follow-up strike to kill the survivors. A working group of former JAGs, that is, members of […]

Οι Ηνωμένες Πολιτείες υπό τον (αχρείο) Τραμπ

Παρακολουθήστε ή/και διαβάστε εδώ μια εφ’ όλης της ύλης συζήτηση των Πωλ Κρούγκμαν και Μάρτιν Γουλφ (επικεφαλής οικονομικός αναλυτής στην Φαϊνάνσιαλ Τάιμς) – οικονομία, δασμοί, τεχνητή νοημοσύνη, αγορά εργασίας, πληθωρισμός, χρηματιστήριο, Fed, θεσμοί, δημοκρατία κ.ά.