This EconoFact Chats episode is an abridged version of the EconoFact Ask Me Anything Webinar held on March 26th that featured John Campbell (Harvard), one of the leading authorities on finance and fin

United States Treasury bonds have long been viewed as a highly liquid investment with very little risk of default. They have served as a safe haven for investors and also provided a benchmark interest

US federal debt is currently almost as large as annual national income, something not seen before the pandemic. Expenditures like interest payments on the debt, military spending, and Social Security

President Trump inherited an economy that was, at least in the aggregate, performing exceptionally well. Since taking office, however, the stock market has fallen, and there are heightened expectation

Tariffs are taxes. But unlike most taxes, politicians on both sides of the aisle are calling for maintaining or raising tariffs. The goal is to save jobs and raise revenue. But do tariffs help achieve

Labeled by The Economist as 'the envy of the world' in October 2024, the US economy today is marked by growing fears of a recession amid aggressive tariffs, threats of tariffs, deregulation, and drast

Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics (BLS) uses the acronymAORTAto characterize good data;Accurate,Objective,Relevant,Trustworthy, andAccessible. This is ap

In his 2012 book, 'A Capitalism for the People,' Luigi Zingales notes the deep economic problems that arise when people are rewarded for who you know, or even, who you pay off, rather than what you kn

The United States is an outlier in health insurance coverage. Almost all other high-income countries have near-universal coverage, while almost 10% of the non-elderly US population is uninsured. How d

Since the release of ChatGPT in November 2022, improvements in large language models have continued at an impressive clip, driving a surge of investment in new models, developing new products based on