"Forming and defending unions in the United States has always been a Herculean task. Employers have a long history of fighting vigorously to bust strikes and prevent workers from organizing- and, ultimately to dis-organize unions. The government, including politicians, local officials, and the...

Analyzing the universe of federal environmental regulations in the U.S., we construct a measure of regulations--direct taxes on pollution. Analyzing the universe of firms' investor disclosures, we construct a measure of material environmental concerns--indirect taxes on pollution. These two...

Intro -- Contents -- Introduction. The Bewilderment of Politics -- Chapter 1. Economy and the Problem of Evil -- Chapter 2. Self-Transcendence -- Chapter 3. The Economics of the End and the End of Economics -- Chapter 4. Critique of Economic Reason -- Conclusion. The Way Out from Fatalism --...

Private equity (PE) plays an increasingly important role in the modern US economy. However, its impacts on owned-firms are incompletely understood. We exploit a historically large leveraged buyout of a national hospital chain to examine how the full life cycle of PE influences hospital-level...

This study addressed the distributional challenges associated with renewable energy development. In the U.S., wind energy has become the most prevalent renewable energy source, offering significant advantages in decarbonization, economic growth, and access to affordable clean energy. However,...

Introduction -- New giants rising -- Leaderless -- The followership story -- Social mobility -- Unique and meaningful -- Equality -- Sustainable impermanence -- Coming together -- Keeping together -- Working together -- A reason to grow

While health affects many economic outcomes, its dynamics are still poorly understood. We use k means clustering, a machine learning technique, and data from the Health and Retirement Study to identify health types during middle and old age. We identify five health types: the vigorous resilient,...

The United States has experienced a significant decline in labor unions over the past half-century. We examine the aggregate labor market impact of labor unions, the causes of their decline, and their welfare and distributional consequences, accounting for unions' effects on wages and employers'...