Is gas tax holiday a terrible idea? This economist says yes
A Northeastern expert believes that a three-month gas tax break, suggested by President Joe Biden, is a bad policy proposal amid an existential environmental crisis.
A Northeastern expert believes that a three-month gas tax break, suggested by President Joe Biden, is a bad policy proposal amid an existential environmental crisis.
Economics & Business
Jun 24, 2022
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President Joe Biden called on Congress to suspend the federal gas tax to "bring families just a little bit of relief" as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents ...
Economics & Business
Jun 23, 2022
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If smoking tobacco was invented today, there is little doubt it would be made illegal. The harm it does is simply too great.
Economics & Business
Jun 13, 2022
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Legal cannabis consumption rose in the U.S. and Europe during the COVID pandemic, with some people turning to marijuana to help them cope with lockdowns and broken routines. Meanwhile, fewer people today view the drug as ...
Economics & Business
Jun 13, 2022
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Combined carbon and health taxes on food products could significantly contribute to net-zero targets, while improving the quality of diets, a major new study shows.
Environment
Jun 9, 2022
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A new universal basic income model could cut poverty by more than half at no net cost, reducing it to its lowest level for 60 years, according to a report co-authored by a University of York academic.
Economics & Business
May 24, 2022
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Researchers at Iowa State University found significantly different state tax rates affect where new businesses set up shop near state lines. Their study published in the journal Small Business Economics shows the fourth greatest ...
Economics & Business
May 24, 2022
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When President Joe Biden went to Capitol Hill in October to arm-twist for his signature environmental and economic legislation, many Democrats remained hopeful the bill's climate provisions would survive.
Environment
May 19, 2022
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While cash is issued in the form of physical paper and coins, central bank digital currency (CBDC) involves recording transaction information in a digital ledger kept by the central bank. A study published in Economic Inquiry ...
Economics & Business
May 18, 2022
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Agencies that rate and rank nations, corporations and colleges wield enormous power, influencing investment flows and prompting leaders to pursue policies that might improve their standing.
Economics & Business
May 17, 2022
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