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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…

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…

Inequality Gap Grew Before the Great Recession and After, Study Finds

The Great Recession hit Americans across the socioeconomic spectrum, with some still working to recover economically. Yet, the drivers behind these…

Project to Collect Real Portraits of American Life

Today, only half of children grow up to earn more than their parents, as opportunities for upward mobility continue to decline. Meanwhile, more than…

‘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…

Q&A: Information, Democracy, and Autocracy: Transparency and Political (In)Stability

Americans seeking information about unemployment rates, wage growth and inflation can do so with the click of a button. But transparency of this kind…

Moll Receives 2017 Bernácer Prize

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…

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…

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…

The One Percent by Gordon Lafer book cover

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…

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…

Book by Brunnermeier, James, Landau Named to Financial Times’ Best Books of 2016: Economics List

A book co-authored by professors based at Princeton University and SciencesPo has been named to the Financial Times’ Best Books of 2016: Economics…

Redding Appointed NBER’s Program Director of International Trade and Investment

Stephen Redding, Harold T. Shapiro ’64 Professor in Economics at Princeton University’s Woodrow Wilson School of Public and International Affairs,…

The Next Four Years: The Economy

The outcome of this year's presidential election remains unknown. But there's no doubt the next U.S. president will face a wide range of challenges…

WWS Reacts: What Does the Vote for 'Brexit' Mean for Britain and the EU?

On June 23, Britain voted to leave the European Union, opening a historic new chapter filled with questions. Harold James, the Claude and Lore Kelly…

James Appointed Historian at International Monetary Fund

Harold James, professor at Princeton University’s Woodrow Wilson School, was selected as one of the two new historians at the International Monetary…

ISS Receives Funding for Anti-Corruption Research Project

Innovations for Successful Societies (ISS) is among eight organizations to receive funding from the British Academy as part of its £4 million global…

New Website to Bridge the Gap Between Microeconomics and Public Policy

Distilling microeconomics research into direct policy implications will be the focus of a new website developed by researchers at Princeton…

WWS Reacts: Looking Back and Forward from the Fed's Rate Increase

The Federal Reserve raised interest rates from record lows on Dec. 16, beginning what many expect to be a period of further increases. The change…

WWS Reacts: Looking Back and Forward from the Fed's Rate Increase

The Federal Reserve raised interest rates from record lows on Dec. 16, beginning what many expect to be a period of further increases. The change…

“Impassioned Debate” Results in Noteworthy Journal

While producing the annual Journal of Public and International Affairs (JPIA) is no small task, a review of this year’s 26th edition clearly reveals…

Currie Wins Carolyn Shaw Bell Award