Economics

How currency debasement, soaring costs, and overtaxing helped lead to the collapse of Ancient Rome's economy and empire.

And elite universities deserve a huge share of the blame.

Measure of the wage growth of individuals. It is constructed using microdata from the Current Population Survey (CPS), and is the median percent change in the hourly wage of individuals observed 12 months apart.

Economists love to talk about the role of competitive markets, but markets aren’t always that competitive. Biden's latest Executive Order is an attempt to correct that.

Only a mile and a half from the nearest CVS Pharmacy, Deborah Hurst received the first dose of a Pfizer vaccine last week sitting at a computer desk at her home in Lincoln Park, the midsummer sun peeking through the rear sliding door. The 68-year-old retired school teacher finally received the…

The 18-month drop, the steepest decline since World War II, was fueled by the coronavirus pandemic.

Amazon is pushing landlords around the country to give its drivers the ability to unlock apartment-building doors themselves with a mobile device.

The suborbital space tourism market could be worth $8 billion by 2030, according to analysts

Hispanic and Black populations in the U.S. saw the largest declines in life expectancy during the COVID-19 pandemic, new data shows.

Some legislators want to resuscitate Michigan's defunct tax subsidies for film and television production — a program that once spent half a billion taxpayer dollars. That would be a colossal mistake.I should know. I've analyzed those incentives more than most. My first nationwide study…

The Michigan Minority Supplier Development Council recently released a new analysis estimating that it will take more than three centuries to achieve economic parity in minority communities based on the current growth rate of the nation's minority entrepreneurs. Simply put, we must do better. And…

In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...

In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...

In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...

Roughly 180 University of Notre Dame students and faculty have signed an open letter calling on the school’s Campus Dining division to nix the proposed new shop.

It's mid-July, a particularly important date this year for parents. No, I'm not talking about the Advance Child Tax Credit payments that started going out today. I'm talking about the imminent arrival of the 2021-22 school year. With the COVID-19 pandemic somewhat under control — Be gone, Delta variant and everyone please get vaccinated! — schools across the country will be opening this year. Yes, that sound you hear over the internet is millions of parents celebrating. Tax holidays, too: That other sound you hear is taxpayers, both parents and child-free, celebrating, too, because the annual back-to-school tax holidays also...

/PRNewswire/ -- Tying the knot can be one of the best decisions you make in your life. In many cases, tying the knot also means sharing financial accounts and...

Michigan won't get 70 percent of residents vaccinated against COVID-19 by the Aug. 3 end of the state's "vaccine lottery" program.The realization presents an expensive reality as the state on Wednesday announced the first four winners of the MI Shot to Win lottery program designed to boost…

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VR collaboration enable exchanges as they are in real life erasing the barrier made by distance between two work teams and allowing total interactions.

Students fully vaccinated against COVID-19 at Central Michigan University can enter to win full-year scholarships and hundreds of gift cards.

Gov. Gretchen Whitmer's MI Shot to Win vaccination lottery program isn't doing much to convince vaccine-hesitant residents to get inoculated. As of July 13, about 62.4 percent of Michigan residents 16 or older have received at least one dose of the vaccine. That's an increase of less than 1…

And once they are accounted for, measured wealth inequality plummets.  One reason that the illiquid and non-market resources of DB [defined benefit] pensions and Social Security are typically excluded from studies of wealth concentration is that they are not directly available in household-level survey data. Our work addresses this issue by taking data from the …

According to the Council on Foreign Relations, every city hosting the Olympics since 1960 incurred cost overruns, sometimes by tens of billions of dollars.

Most studies of mega-events such as Olympic Games find a relatively small impact on the cities that host them. One reason given for this finding is that the event displaces tourists who otherwise wo...

This paper is the first to study the effects of hosting Olympic Games on regional economic output beyond population dynamics. For identification, runn…

A lot of people around the world will tune in to see the Summer Olympics opening ceremony this Friday, but how beneficial is it for Tokyo (or any other city) to even host the games?

Holy sh*t.