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Benjamin Moll, associate professor of economics and international affairs at Princeton University, was awarded the 2017 Bernácer Prize for his outstanding contributions in macroeconomics and finance.The prize, awarded annually to an economist under age 40, was established in 2001 by the Observatorio del Banco Central Europeo …

Working-class citizens have been historically underrepresented in American politics.In this episode, Julian Zelizer and Sam Wang discuss the influence of money in politics — both in terms of who rises to elected office and how those elected govern — with political scientist Nicholas Carnes.Carnes asserts that government would…

In his new book, “EuroTragedy: A Drama in Nine Acts,” Ashoka Mody offers a historical narrative of how European leaders decided to adopt the euro as a common currency. He argues that this decision has led to economic divergence, Euroscepticism and intensified political divisions across the continent.Mody is Charles and Marie…

Losing a job often leads to lower earnings that stretch long beyond the time of unemployment. Yet it’s hard to know exactly what causes these lower lifetime earnings.For displaced workers in Washington state during the Great Recession, earnings dropped suddenly and had still not fully recovered five years later, according to a…

The recently passed tax bill included a sizable tax break for many American corporations, slashed from 35 percent to 21 percent. While the tax cuts have increased cash flow for businesses, they also raise questions about the power of corporations in Washington through lobbying, campaign finance and political mobilization.Author…

Examining a major road-building program in India, researchers at Princeton University and the Paris School of Economics used an innovative technique to show that political corruption increased the chances that roads meant to connect isolated areas to the rest of the country would never be built, even though the government had…