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October 04, 2018
Moll Receives 2017 Bernácer Prize
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 …
Podcasts
September 26, 2018
Politics & Polls #108: How Money Restricts Access to Political Office
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…
Two Men With Green and Red Dots
Research Briefs
September 24, 2018
To Dispel Myths, Redirect the Belief, Study Says
Beliefs can be hard to change, even if they are scientifically wrong. But those on the fence about an idea can be swayed after hearing facts related to the misinformation, according to a study led by Princeton University.After conducting an experimental study, the researchers found that listening to a speaker repeating a belief…
Two Men With Green and Red Dots
Features
July 31, 2018
Q&A: EuroTragedy: A Drama in Nine Acts
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…
Research Briefs
March 12, 2018
Great Recession Still Plagues Workers with Lower Lifetime Wages
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 One Percent by Gordon Lafer book cover
Podcasts
March 01, 2018
Politics & Polls #80: Are Corporations Remaking America?
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…
The One Percent by Gordon Lafer book cover
Research Briefs
February 13, 2018
Pride Tops Guilt as a Motivator for Environmental Decisions
A lot of pro-environmental messages suggest that people will feel guilty if they don’t make an effort to live more sustainably or takes steps to ameliorate climate change. But a recent study from Princeton University finds that highlighting the pride people will feel if they take such actions may be a better way to change…
Features
January 11, 2018
In India, Subtle Corruption Robs Villagers of Roads
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…
Features
December 11, 2017
Dark Side of the Moon: Motorcycle Deaths Linked to Full Moons
Distracted drivers, like those who text behind the wheel, are a danger to themselves and to others. Even a brief, momentary glance away from the road can result in life-threatening consequences.Research published Dec. 11 in The BMJ points toward another potential distraction for motorists: the full moon, gracing the sky with…
Features
October 23, 2017
Booms & Busts: How the 1980s Could’ve Predicted the Great Recession
Many argue the Great Recession could have been ameliorated through strategic policies, but the government ignored warning signs of coming economic distress. Instead, increased borrowing incited a financial and real estate boom, which resulted in a bubble that eventually burst.Yet, for anyone who lived through the early 1980s…