The AI jobpocalypse crowd has a fresh challenge to its view. “What Makes New Work Different from More Work?,” a new NBER working paper by economist David Autor and co-authors, shows that the American ...
Now we live in a world of uncertainty where the economic facts can change at a moment’s notice. That world would be best served by a Fed that is prepared to make early monetary policy changes when the ...
As Operation Epic Fury finishes its sixth week and enters a two-week cease fire period, we estimate an incremental cost to date of between $25 and $35 billion.
We must hope that Trump secures an early opening of the Hormuz Strait that would allow the restoration of normal energy, fertilizer, aluminum, and helium supply flow from the Gulf. If that doesn't ...
We say that civic life is fraying. We point to distrust, fragmentation, and the steady decline of shared experience in American culture. Much of that is true. But every so often, something cuts ...
Why do economists generally seem more cautious than many folks in Silicon Valley about the potential economic impacts of artificial intelligence, especially when forecasting extreme scenarios? One big ...
Senior Fellow Roger Pielke Jr. discusses climate change on the ‘Der 4pi Podcast.’ ...
In this provocative book, Thomas Chatterton Williams, one of the most revered and reviled social commentators of our time, paints a clear and detailed picture of the ideas and events that have paved ...
Competition involving the Gulf states and Turkey in the Horn of Africa is exacerbating preexisting African conflicts and risking a regional proxy war on both sides of the Red Sea. A new era of ...
In the spring of 2000, E.D. Hirsch Jr. published an essay in American Educator titled “You Can Always Look It Up—Or Can You?” It’s one of those pieces that distills a lifetime of insight into a few ...
Immigrants have an overall positive fiscal impact on the US—an effect driven by high-skilled immigrants. Low-skilled immigrants, like their US-born counterparts, impose a net fiscal cost. However, ...
Unlike most 18-year-olds, Lizzie Penola arrived at Hillsdale College in the fall of 2021 with well-formed education and career objectives already set in her mind. One of seven siblings from Zionsville ...
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