Among leftists, predicting the end of capitalism is a favorite parlor game. For example, as a graduate student in the 2010s, I remember discovering the 1976 edition of Marx’s Capital and being struck by the introduction. Written by the Belgian Marxist Ernest Mandel, the foreword concluded that...

We use credit reports, survey data, and two natural experiments that increase health insurance coverage—Medicare eligibility and the Affordable Care Act's Under 26 provision—to study the financial protection provided by health insurance.

We create a state-level measure of economic and police uncertainty during the 2007-2009 recession. Despite claims in the literature, the variation in this uncertainty measure matches the cross-sectional distribution of unemployment outcomes in this period. This relationship is robust to numerous...

Jorge Mario Bergoglio, since becoming Pope Francis in March 2013, is focusing on martyrdom in the Roman Catholic Church.

The authors find that the shift reflects a combination of increased bank demand for jumbo loans and higher government-sponsored enterprise g-fees.

A key issue for the ongoing COVID-19 pandemic is whether non-pharmaceutical public-health interventions (NPIs) retard death rates. File-URL https://www.aei.org/research-products/working-paper/non-pharmaceutical-interventions-and-mortality-in-us-cities-during-the-great-influenza-pandemic-1918-1919/

Gating indicators recommended by CDC for phased reopening following COVID-19 shutdowns include "sustained decreases" or a "downward trajectory...over a 14-day period" in public health statistics.

An insider’s perspective on the bureaucratic structure of governmental institutions that shape economic policy, and the incentives and limitations of the individuals who head them.

What is the link between taxes and manufacturing wages?

Does price competition exist in the mutual fund industry? If so, is it too weak to prevent anticompetitive pricing by investment advisors to retail investors?