Understanding the financial sanctions against Russia
The unprecedented scale and unanimity of the sanctions imposed on Russia have crippled its economy and represent a new form of economic warfare, according to Mark P. Taylor, dean of Olin Business School at Washington University.
Expanded child tax credits did not reduce employment, study finds
An analysis of Census Pulse Survey data from Washington University’s Social Policy Institute shows that the expanded Child Tax Credit did not cause an exit from the labor force.
New NSIN program director named
The National Security Innovation Network (NSIN) appointed Mike Seper as the university program director at Washington University in St. Louis.
How the expanded child tax credit is helping families
American households making less than $50,000 are more likely than higher-earning families to spend the expanded child tax credit on essential expenses and tutors for their children, found a survey from the Social Policy Institute at Washington University.
A novel way to learn business
In the course “Morality and Markets,” students gain new perspectives on real-life business situations through fiction.
Crisis or momentary blip? Explaining inflation concern
Although most likely temporary, inflation expectations could become self-fulfilling prophesy, according to John Horn, professor of practice in economics at Olin Business School.
Researchers keep international COVID-19 projects moving forward
Despite the pandemic, Washington University researchers collaborating with international colleagues continue to innovate and move their research forward.
Black and Hispanic women, less educated workers among those hardest hit by COVID-19 job losses
The current recession created by the COVID-19 pandemic has especially impacted women — particularly Black and Hispanic women — and less educated workers, magnifying existing U.S. employment inequality, according to new research from Washington University in St. Louis.
Breaking down the American Rescue Plan
The American Rescue Plan is a remarkable effort to jump-start the U.S. economy — unprecedented in scale outside of major wars — and will lead to very fast growth of the U.S. economy over the next year, according to Steven Fazzari, director of the Weidenbaum Center on the Economy, Government and Public Policy.
You’re Paid What You’re Worth
And Other Myths of the Modern Economy
Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determined by your performance, then you’re paid market value. And who can question something as objective and impersonal as the market? That, at least, is how many of us tend to think. […]
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