How Labor Unions Came to Define the L.A. Immigration Protests
Unions have backed immigrant rights in California and have been on the forefront of resisting the Trump administration’s deportations.
The UK’s small businesses should be fuelling the country’s growth ambitions. Here’s why that’s not happening
Today a van, tomorrow the world … with the right support. jgolby/ShutterstockThe UK government’s spending review has set out its priorities for the next three years. But behind the rhetoric about boosting growth lies growing concern about small businesses being locked out of the wider UK economy. Government funding and regulation are increasingly out of step with the reality of micro-enterprises and sole traders, shutting off their potential to boost GDP growth.
What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, New Yorker writer John Cassidy brings to life the figures who warned of monopoly power, inequality, environmental peril, and authoritarianism—forces still at work today. He discusses his book with Lynn Parramore.
The deteriorating justice system in England and Wales is hindering economic growth
Tupungato/ShutterstockThe Labour government has made economic growth its top priority, committing to planning reforms, business partnerships and millions of pounds of investment in science and technology.
The big Musk v Trump break-up: what the polls say about who the public thinks won
Many people thought that the close relationship between Donald Trump and Elon Musk would end badly, since they both have the hubris that comes from success and power. One is arguably the most powerful politician in the world and the other the richest man.
Federal R&D funding boosts productivity for the whole economy − making big cuts to such government spending unwise
Research can make everyone better off.
Emilija Manevska/Moment via Getty ImagesLarge cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports.
A new model to forecast energy inflation in the euro area
Energy inflation is a major source of headline inflation volatility and forecast errors, therefore it is critical to model it accurately. This paper introduces a novel suite of Bayesian VAR models for euro area HICP energy inflation, which adopts a granular, bottom-up approach – disaggregating energy into subcomponents, such as fuels, gas, and electricity. The suite incorporates key features for energy prices: stochastic volatility, outlier correction, high-frequency indicators, and pre-tax price modelling.
A new model to forecast energy inflation in the euro area
Energy inflation is a major source of headline inflation volatility and forecast errors, therefore it is critical to model it accurately. This paper introduces a novel suite of Bayesian VAR models for euro area HICP energy inflation, which adopts a granular, bottom-up approach – disaggregating energy into subcomponents, such as fuels, gas, and electricity. The suite incorporates key features for energy prices: stochastic volatility, outlier correction, high-frequency indicators, and pre-tax price modelling.
New China Trade ‘Deal’ Takes U.S. Back to Where It Started
If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
Extreme weather could send milk prices soaring, deepening challenges for the dairy industry
Australia’s dairy industry is in the middle of a crisis, fuelled by an almost perfect storm of challenges.
Climate change and extreme weather have been battering farmlands and impacting animal productivity, creating mounting financial strains and mental health struggles for many farmers.
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