Discover how the Nordic model blends capitalism and social welfare, compared to the U.S. system, with insights on taxation, social services, and economic efficiency.
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AI models tested in a classic economics game reveal major differences from human thinking
We are living at a time when large language models increasingly make choices once reserved for people. From writing emails to ...
Climate change is a major economic threat. With a new model, economist Andrea Titton shows how climate disasters can disrupt supply chains, how climate tipping points may cost trillions each year, and ...
The discussion around improving access to higher education —specifically due to the decades-long price increase of a four-year degree — is typically framed as whether or not college should be free.
This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...
WEST LAFAYETTE, Ind. - Using models that blend global economics, geography, ecology and environmental sciences is essential to understanding how changes in trade and natural systems in one part of the ...
The Trump administration made some bold claims about the 2017 Tax Cuts and Jobs Act, which slashed the corporate-tax rate. Larry Kudlow, the head of the former president’s National Economic Council, ...
Texas went into the COVID-19 crisis a leader among states in economic growth and job creation. The latest data say the state’s coming out of the pandemic the same way. Over the past 12 months, for ...
We are at a turning point in human history, where we are seeing a confluence of many innovative and disruptive technologies that in conjunction, will bring about a tsunami of change. Disruptive ...
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still ...
Explore Sir Arthur Lewis’s contributions to development economics, including his Nobel-winning dual-sector model, known as the Lewis Model, fostering economic growth.
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