As electric vehicles become commercially viable, they have the potential to yield dramatic reductions in air pollution. The UK plans to have no gasoline vehicles by 2030, Norway by 2025, and California by 2035. But what is the best policy to achieve that? Is banning an effective option? Stephen P. Holland, Erin T. Mansur, and Andrew J. Yates provide a framework for […]
Biden’s meetings with the G7 and Putin made little concrete progress, reflecting the President’s focus on domestic rather than foreign policy.
Joe Biden’s recent trip to Europe—with included meetings with G7 allies in the UK and Russian President Vladimir Putin in Geneva—was the American president’s first major foray onto the world stage since taking office. In this Q&A, Thomas Gift gives his overview of Biden’s trip. He explains what issues were discussed, why we shouldn’t be surprised that the meetings […]
As it was key to Trump’s presidential election victory in 2016, winning Pennsylvania in 2020 helped secure the White House for Joe Biden in 2020. Ben Kantack writes that there are reasons for optimism for both Republicans and Democrats facing elections in the Keystone State in 2022 and 2024. On one hand, Biden may have re-established the Democrats’ “Blue […]
To reach perfect income equality, factors that determine individual income, such as intelligence, inherited wealth, personalities, and social skills, should be identical for everyone. That is an infeasible ideal. Chae Un Kim and Ji-Won Park propose a more feasible and realistic concept of income equality that could be incorporated in the Gini coefficient, the most widely used measure of inequality, guaranteeing […]
What Happened?: Partisan audits and voter suppression laws are Arizona Republicans’ latest tactics to retain power.
Even after the conclusion of the 2020 election, Arizona remains a battleground state. As part of that the fight for the Grand Canyon State, Republican-sponsored legislation and partisan ballot recounts are being tested out in Arizona, which has become a bellwether for actions in other purple states across the nation. Eldrid Herrington highlights yet another recount of 2020 ballots […]
What Happened?: Georgia’s surprise Senate victories have shaped the early Biden presidency, but an uphill battle remains for the Democrats’ agenda.
Last January, against the expectations of many, the Democratic Party won two US Senate run-off elections in Georgia, giving them effective control of the Senate. Lauren C. Bell writes that while Democratic control of the Senate has allowed President Joe Biden to advance some aspects of his agenda, such as COVID-19 relief, procedural limitations mean that more ambitious legislation […]
Biden’s G-7 trip is about repairing international relationships and reviving US support for multilateralism
Joe Biden’s first overseas trip as president begins this week with the G-7 summit in the UK. Julie Norman writes that Biden’s has two aims for this trip: shoring up relationships with allies to promote US multilateralism, and reaffirming democratic values among the G-7, NATO, and the EU in opposition to China and Russia.
What will Biden’s first international trip […]
Daniel Stempel and Ulrike Neyer analyse the effects of gender discrimination on macroeconomic outcomes. Their study suggests that if there were no gender discrimination, adverse economic shocks like the COVID-19 pandemic would be less detrimental to economic activity. Additional consequences of gender discrimination come via monetary policy: central bank reactions to the crisis end up increasing discriminatory wage gaps and […]
Since the 1970s, major US defense contractors have become less innovative than their non-defense counterparts. In new research, Sabrina T. Howell, Jason Rathje, John Van Reenen and Jun Wong assess the US Air Force’s recent ‘Open’ bottom-up reform which gives defense contractors more freedom to go beyond technology specifications. They find that winning Open contracts meant firms were more […]
Last week, President Joe Biden unveiled a federal budget totaling $6 trillion, which includes significant new spending on infrastructure. If passed in its entirety, the budget would increase federal spending as a portion of the economy to historic heights — reaching sustained levels not seen since World War II. In this Q&A, Thomas Gift examines the implications of this […]