“Businesses tend to focus more on short-term but lower economy-wide payoffs, whereas federally funded R&D tends to focus on big picture stuff that takes longer but pays off big time and benefits entire industries”
—Nicholas A. Bloom, professor (by courtesy) of economics
Latest Stories in Political Economy
March 31, 2020
Communities look more favorably on immigrants when investments help boost the local economy.
March 5, 2020
A majority favors wealth tax, but not if it would hurt the economy or increase unemployment.
November 22, 2019
When states expand public health insurance to include low-income, legal immigrants, it does not lead to out-of-state immigrants moving in search of benefits.
November 7, 2019
At an AI forum, experts say the arrival of superhuman machine intelligence will be one of the biggest events in human history.