Trump’s likely first moves on US energy policy
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production – already at record highs – in part by clearing away what he deems
Los Angeles on high alert with extreme winds due to return
Dangerously high winds were expected to resume on Monday in Los Angeles, potentially hampering efforts to extinguish two stubborn wildfires that have leveled whole neighborhoods and claimed
The impact of artificial intelligence on macroeconomic productivity
Artificial intelligence has diffused rapidly in recent years, but its impact on aggregate productivity is not clear. This column uses data from original surveys to
America under Trump: Domestic and European implications
The short-term implications of the new Trump administration for the US and the EU economies are potentially wide ranging. This column argues, however, that the
Top wealth shares in the long run of history (ca. 1300-today)
Long-term trends in wealth inequality have been the object of considerable recent attention and their analysis allows for a better understanding of the causes (and
Institutional innovation and the adoption of new technologies
A key barrier to economic development is that while new technologies can offer substantial productivity gains, firms in poorer countries often do not adopt them.
Wind turbines? Please, in my backyard
The transition towards climate neutrality is creating both winners and losers. Renewable energy development often faces opposition from local communities concerned about potential environmental impacts
In memoriam: Richard Easterlin 1926-2024
Richard Easterlin, who passed away in December 2024, was a visionary economist whose pioneering research transformed how we think about economic growth, happiness and human
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia’s crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom
Morgan Stanley promotes 173 employees to managing directors, source says
Wall Street giant Morgan Stanley promoted 173 of its employees to managing director roles this year, marking a 12% increase from 2024, a source close to
