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Paul A. Volcker ’49, Former Federal Reserve Chairman, Dies at 92

Paul A. Volcker ’49, a formidable force in U.S. government who led the Federal Reserve to quell inflation in the late 1970s and early 80s, died on…

Politics & Polls #157: How Economists Attained Power in the Modern Era Featuring Binyamin Appelbaum

Economists shape conversations on topics ranging from business to politics, and their influence is widely felt; the Federal Reserve, trade…

Pesticide Companies Leverage Regulations for Financial Gains

Pesticides are present in many food products and play a central role in the production of traded agriculture, giving them global and economic…

Virtual Reality: A New Space for Developing Nuclear Arms Control

Nuclear weapons dangers are increasing across the globe, with growing arsenals, new weapon systems, plans for using nuclear weapons even earlier in a…

Starbucks coffee

New Industrial Revolution Sparked by Technology Gives Power to Service, Retail, Wholesale Industries

The United States is experiencing a new type of industrial revolution, one in which businesses outside of manufacturing are harnessing the power of…

Politics & Polls #147: Reagan’s Tax Cut Revolution Featuring Monica Prasad

In the 1980s, supply-side economics became a rallying cry of conservative politicians. This macroeconomic theory posits that lower taxes and…

Politics & Polls #144: The Origins of the Internet Featuring David Kushner

The internet continues to expand and grow in complexity, yet many people are unaware of its origins. Understanding the internet’s roots could be…

f with data numbers

Facebook Data Transparency Advisory Group Releases Final Report

On May 23, 2019, Facebook’s Data Transparency Advisory Group (DTAG) released its independent report, which assesses Facebook’s methods of measuring…

Politics & Polls #133: Women of Color in the Digital Space Featuring Kimberly Bryant

The technology sector is an important part of the economy, yet there exists a dearth of women in the field — especially females of color.

Reports of Corruption Increase in Nigeria After Film and Text Campaign

‘Working Rich’ Prevail Among Today’s Top Earners

Many blame idle millionaires for the rise in income inequality, but today’s top earners are actually the “working rich,” according to a new working…

Fake News Shared by Very Few, But Those Over 65 More Likely to Pass on Such Stories, New Study Finds

A small percentage of Americans, less than 9 percent, shared links to so-called “fake news” sites on Facebook during the 2016 presidential election…

Hydraulic Fracturing Negatively Impacts Infant Health

From North Dakota to Ohio to Pennsylvania, hydraulic fracturing, also known as fracking, has transformed small towns into energy powerhouses. While…

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…

Boost in Collateral, Rather Than “Feeling Richer,” Drives Consumers to Borrow as Home Prices Rise

When home prices rise, households tend to borrow and spend more. But economists have had trouble identifying exactly what causes that relationship…

WWS Reacts: Trump’s Tax Proposal

President Donald Trump released a nine-page outline of a tax plan last week, which included proposed tax cuts for corporations and individuals.

Balance Forgiveness Programs More Effective at Reducing Credit Card Debt Than Lowering Monthly Minimum Payments

According to data recently released by the Federal Reserve, the amount of outstanding debt that Americans hold — often in the form of credit card…

Felten, Krueger Join Rework America Task Force

Princeton professors Edward Felten and Alan Krueger will serve on a new task force aimed at transforming America’s labor market to a 21st century,…

Exposure to Violence Hinders Short-Term Memory, Cognitive Control

Being exposed to and actively remembering violent episodes — even those that happened up to a decade before — hinders short-term memory and cognitive…

Connecting Information Technology and Policy

How to effectively regulate and oversee the internet has become increasingly complicated for policymakers. Today’s information revolution has…

Research

Revitalizing Detroit Requires Development of Specific Neighborhoods

Despite the relatively large number of employees working in downtown Detroit, the city continues to be afflicted by urban blight, surrounded by a…

Deaton Testifies Before U.S. Senate on America’s Deadly Opioid Epidemic

Testifying before a Joint Economic Committee hearing in the U.S. Senate on June 8, Sir Angus Deaton, Dwight D.

U.S. Nuclear Regulators Greatly Underestimate Potential for Nuclear Disaster

The U.S. Nuclear Regulatory Commission (NRC) relied on faulty analysis to justify its refusal to adopt a critical measure for protecting Americans…

Politics & Polls #42: Where Are All the Jobs?

In his campaign promise to make America great again, President Donald Trump vowed to “bring jobs back to America” and revitalize the labor industry…

WWS Reacts: Rolling Back Net Neutrality?

Chairman of the Federal Communications Commission (FCC) Ajit Pai outlined a plan last week to reduce government oversight over high-speed internet…