President Donald Trump shakes hands with House Speaker Paul Ryan, as Vice President Mike Pence looks on, after the passage of a tax reform package on Dec. 20, 2017. AP Photo/Evan VucciFiling taxes can be daunting, but understanding your options for reducing your taxable income can help make it easier and save you money.
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.
In 1936, John Maynard Keynes proposed that emotions and instincts are pivotal in decision-making, particularly for investors. Both positive and negative moods can influence judgments and decisions, extending to economic and financial choices. Intuitions, emotional states, and biases significantly shape how people think and act. Measuring mood or sentiment is challenging, but surveys and data collection methods, such as confidence indices and consensus forecasts, offer some solutions.
During the COVID-19 pandemic, governments in the euro area sharply increased spending while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus redistributes welfare between various age cohorts. Our assessment involves not only the income side of household balance sheets (mainly direct effects of transfers) but also the more obscure financing side that, to a substantial degree, occurred via indirect effects (with a prominent role of the inflation tax).
In 1936, John Maynard Keynes proposed that emotions and instincts are pivotal in decision-making, particularly for investors. Both positive and negative moods can influence judgments and decisions, extending to economic and financial choices. Intuitions, emotional states, and biases significantly shape how people think and act. Measuring mood or sentiment is challenging, but surveys and data collection methods, such as confidence indices and consensus forecasts, offer some solutions.
During the COVID-19 pandemic, governments in the euro area sharply increased spending while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus redistributes welfare between various age cohorts. Our assessment involves not only the income side of household balance sheets (mainly direct effects of transfers) but also the more obscure financing side that, to a substantial degree, occurred via indirect effects (with a prominent role of the inflation tax).
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.
Donald Trump tours a liquefied natural gas terminal under construction in Louisiana in 2019. AP Photo/Evan VucciAs the U.S. prepares for another Trump administration, one area unambiguously in the incoming president’s crosshairs is climate policy.
David Sirota joins Rob Johnson to examine the history and impact of money in U.S. politics, as explored in Sirota’s investigative podcast series, "Master Plan." Sirota discusses how a series of judicial rulings and policy changes since the 1970s enabled a system in which the voices of wealthy elites overshadow those of ordinary citizens.
