Failure to pass fire levies can lower house values

Cuts to fire protection funding initially have a larger effect on home prices than crime, school quality, or environmental quality, but the short-term decreases don't persist, the University of Cincinnati economists found.

Why the American technological war against China could backfire

The technological war waged by the United States against China has the potential to backfire, supercharging China's creation of an independent computer chip industry that would directly compete with American manufacturers.

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