Whether Americans support lockdown measures meant to control the spread of the new coronavirus has to do with their personal political beliefs and trust in media, according to new survey results from economists at The University of Chicago Booth School of Business.
New research in Science Advances breaks down the policy issues on which political conservatives and liberals think in zero-sum terms — a black-and-white view of the world where there are only winners and losers.
Every tax season people try to get out of paying the full share of what they owe the U.S. government in income taxes. The Internal Revenue service usually starts accepting tax returns in late January and returns typically need to be filed by April 15. Here are a few ins and outs of federal tax evasion — why it matters, why people do it and how they do it.
To paraphrase toothpaste advertising, it might be said that 9 out of 10 economists agree: putting a price on carbon dioxide emissions can help bring those emissions down. Using economics to curb climate change is an idea that’s been kicking around for a while.
Individual perception — for example, how people feel they are doing financially compared with others — often doesn’t jibe with reality.
Economic mobility is one area where beliefs solidify absent information. Research shows that Americans are chronically under-informed about the size of the economic inequality gap in the U.S. That leads people to think they are more economically mobile than they really might be. And misperception can impact policy.
Banks consider lots of factors when determining if a mortgage applicant is a good credit risk. Race can’t be one of them — but that wasn’t true before the Fair Housing Act became law in 1968.
Growing up in a country with wide income inequality is associated with being bullied during early adolescence, according to a new paper in JAMA Pediatrics from nine researchers representing universities around the world.
As the Federal Reserve bumped interest rates more than 4 percentage points in the lead-up to the Great Recession, investors steered toward increasingly risky bets on the U.S. housing market, according to a recent working paper from the National Bureau of Economic Research.
Child and adolescent deaths have decreased 51.7% worldwide from 1990 to 2017. But inequality between poor and rich countries has increased, with wealthier nations accounting for an increasingly smaller proportion of deaths overall, according to new research in JAMA Pediatrics.
