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Central bank independence is increasingly at risk around the world. In the U.S., President Donald Trump said he may nominate two close political allies to the Federal Reserve, following months of criticism...

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The Trump administration has declared the most severe new sanctions against Cuba since President John F. Kennedy imposed an economic embargo banning all trade with the communist island in 1962. Speaking...

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Many American mothers say part-time work would be ideal. Halfpoint/shutterstock.com Almost 70% of American mothers with children under 18 work for pay. But motherhood remains disruptive for many women’s...

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Walmart recently said it plans to deploy robots to scan shelves, scrub floors and perform other mundane tasks in its stores as the retail giant seeks to lower labor costs. While the retail giant did...

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When former President Barack Obama won the Nobel Peace Prize in 2009, he didn’t keep the approximately US$1.4 million, converted from Swedish currency, that came with it. Instead the Nobel Prize Foundation...

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President Donald Trump has made no secret of his disdain for the World Trade Organization. Since taking office, the Trump administration has been blocking the appointment or reappointment of WTO judges...

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Each year hundreds of millions of Americans file their personal income tax returns using a form 1040. The average American spends eight hours and US$110 doing so. Much of that money goes to professional...

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What and how a country chooses to tax says a lot about its values. A core value built into the DNA of America, for example, is equality. And in practice, Americans imagine their country to be more equal...

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Does the United States owe descendants of slaves reparations? It’s a question being asked more frequently of Democrats running for the 2020 presidential nomination. Many have expressed varying degrees...

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“Our Country is FULL!” U.S. President Donald Trump recently tweeted. He was referring to immigrants, but the rhetorical tweet begs the question: Can a country ever be full? Economists like me have...