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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…

WWS Reacts: Leaked Cables Reveal Iran’s Influence over Iraq

Around 700 pages of documents detailing Iran’s influence of Iraq were leaked earlier this week, published simultaneously by the Intercept and The New…

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…

WWS Reacts: Trump’s Decision to Withdrawal U.S. Troops from Syria

Last week, President Donald Trump withdrew all U.S. troops from northern Syria. Later, a deal was made between the Syrian Democratic Forces (SDF) and…

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…

Lee Receives 2019 Inaugural Emerging Scholars Global Policy Prize

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…

Trade War Results in Substantial Losses for U.S. & Other Countries

The United States and China are close to finalizing a trade deal that would roll back tariffs on at least $200 billion of the $250 billion worth of…

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…

Private Sector Can Grow Despite Violent Conflict, Princeton Study Shows

Despite decades of violent conflict across countries like Afghanistan, Pakistan and Iraq, thousands of private sector firms are operating in those…

Politics & Polls #122: American Global Leadership

Some say the United States is heading down a road toward isolationism. In this episode, Julian Zelizer and Sam Wang discuss the uncertain future of…

Barton Delivers 2017 Judge Frank M. Coffin Lecture on Law & Public Service

Amb. Frederick D. Barton delivered the 25th Annual Judge Frank M. Coffin Lecture on Law and Public Service at the University of Maine School of Law…

Satellite Imagery Reveals Decline in ISIS Oil Production

Oil production by the Islamic State of Iraq and Syria (ISIS) steadily declined between 2014 and 2016, indicating that the group was financing itself…

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,…

Innovating at the Top of Government in Conflict-Affected Areas

A two-day meeting convened government officials from conflict-affected areas Aug. 9-10 on the Princeton University campus to discuss how centers of…

Lower-Income Children Raised in Counties With High Upward Mobility Display Fewer Behavioral Issues, Perform Better on Cognitive Tests

Children who grow up in urban counties with high upward mobility exhibit fewer behavioral problems and perform better on cognitive tests, according…

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…

Princeton Study Evaluates Aid Programs in Afghanistan

On June 21, the United States Institute of Peace (USIP) hosted an event featuring guest speakers and a public discussion of a study led by the…

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…