Political economy
Why Party Infighting Can Serve Voters
In new research, Giovanna Invernizzi and Federico Trombetta build a model that shows how factional disagreement from a national leader’s own party can reveal to voters the leader’s strength and deter them from enacting harmful reforms.
American Slaveholders Lost Their Wealth but Kept Their Political Power
In new research, Luna Bellani, Anselm Hager, and Stephan Maurer examine how the abolition of slavery after the American Civil War affected the political influence of former slaveholders. Despite the blow to their economic standing, former slaveholders maintained their electoral success, and once in office, their influence actually grew.
Higher Education Is Becoming More Politically Polarized
In new research, Riley Acton, Emily Cook, and Paola Ugalde find that college campuses in the United States have become increasingly polarized over the last few decades, and both liberals and conservatives are willing to pay much more to attend colleges with likeminded peers.
When Does Mandatory Price Disclosure Lower Prices?
In new research, Felix Montag, Alina Sagimuldina, and Christoph Winter study the impact of mandatory price disclosure (MPD) for sellers in the German retail fuel market to determine under what market conditions MPD can reduce prices for consumers.
Is a Gridlocked Congress Causing More Polarization?
In new research, Marc Jacob, Barton E. Lee and Gabriele Gratton argue that legislative gridlock is not only a consequence of Congress’ polarization but also a cause of it. In sum, both polarization and gridlock fuel one another generating a vicious spiral toward political mire.
Faustian Bargains
The following is an excerpt from the book Law, Development and Regulatory Globalisation
The Case of the World Bank in India's Electricity Sector, by Adithya Chintapanti.
The Political Economy of Left-Wing Populism in America
Richard Oestreicher explores the recent history of left-wing populism in the United States: its origins, its motivations, and how that populism is likely to mature and transform U.S. politics with it.
Food for Thought
An excerpt from the second edition of Marion Nestle's book, Food Politics: How the Food Industry Influences Nutrition and Health, out now.
If You Care About the Climate, Should You Be Anti-AI?
Environmentally conscious critics of artificial intelligence worry about the massive amounts of energy and fresh water its data centers require. Alessio Terzi writes that in the long term, and with the help of government regulation, the benefits of AI-accelerated innovation will outweigh the short-term environmental costs we now observe.
Corporate Attacks Against the National Labor Relations Board Could Break the Government
Dylan Gyauch-Lewis writes that efforts by big businesses, including SpaceX, Amazon, and Trader Joe’s, to undermine the National Labor Relations Board rests on poor interpretations of the Constitution but would devastate the American government and economy if successful.Â
