Employment increases after taxes are cut for most income earners -- but not when tax cuts target the top 10% of earners -- according to recent research in the Journal of Political Economy.
In early August 2019, exchange rates between the yuan and the dollar crossed a 7-to-1 threshold that many media outlets called “psychologically important.” What does psychology have to do with international financial markets? A lot.
U.S. Foreign Policy
Get caught up on the tennis match that is the U.S.-China trade war, and explore the latest research analyzing how U.S. import tariffs are impacting the economy.