Insight·Oct 19, 2026

Does Monetarism Still Have Currency?

Peter Coy
Fifty years ago, Milton Friedman won the Nobel Prize, and his best-known idea, monetarism, has been on a roller-coaster ever...
Podcasts episode·Oct 13, 2026

The Everywhere Millionaire: Who’s Really Rich in America

Tess Vigeland and Eric Zwick
Roughly 3 million Americans own private businesses and have a net worth of at least $5 million. Together they hold...
Research Briefs·Oct 7, 2026

Beliefs and Actions under Government Policy Uncertainty: Evidence from Student Loan Forgiveness

Dmitri Koustas, Michael Weber, and Constantine Yannelis
Student loan borrowers who were more optimistic that their loans would be forgiven under the plan announced in August 2022...
Research Briefs·Sep 30, 2026

The AGI Race and Existential Risk

Ethan Bueno de Mesquita and Wioletta Dziuda
Competition among firms developing artificial general intelligence can encourage them to prioritize speed over safety, increasing the risk of a...
Research Briefs·Sep 29, 2026

Evaluating the Spatial Consequences of a Climate Tipping Point

José-Luis Cruz, Klaus Desmet, and Esteban Rossi-Hansberg
  What Is the AMOC?  The Atlantic Meridional Overturning Circulation (AMOC) carries warm, salty surface water from the subtropics toward...
Podcasts episode·Sep 29, 2026

Why Your Raise Didn’t Keep Up with Inflation

Tess Vigeland and Erik Hurst
By 2024, inflation was falling and unemployment was low, yet consumer confidence had sunk to levels last seen during the...
Research Briefs·Sep 24, 2026

How Disability Benefits in Early Life Affect Adult Outcomes

Manasi Deshpande, Alessandra Voena, and Jason B. Weitze
Receiving Supplemental Security Income (SSI) in childhood increases children’s earnings in adulthood when parents continue working (and therefore total household...
Research Briefs·Sep 21, 2026

Zoning: Externalities or Misallocation?

Yu-Hsin Ho, Chang-Tai Hsieh, Wen-Tai Hsu, and Yu-Jhih Luo
Residential-commercial zoning in American cities increases neighborhood specialization and reduces resident welfare. The dominant effect of zoning is not to...
Podcasts episode·Sep 15, 2026

But the Cool Kids are Still Online: Behind Australia’s Failed Social Media Ban

Tess Vigeland and Leonardo Bursztyn
Last December, Australia banned social media for anyone under 16. Four months later, only one in four 14- and 15-year-olds...