The Journal of Economic Perspectives, Vol. 37, No. 2 (Spring 2023), pp. 3-28 (26 pages) What do recent advances in economic geography teach us about the spatial distribution of economic activity? We ...

A Free exchange column expressed some scepticism about whether there could be any such thing as a “labour shortage” (March 15th). This might depend on the interpretation of that term. The consensus in ...

Economists and politicians are debating whether monopolistic companies are fueling inflation in ways that confound longstanding theory. By Lydia DePillis There are few good things about living through ...

The 1980s were a period of substantial changes in the U.S. tax code and income distribution. Even after controlling for demand-side factors that altered the returns to education, researchers have ...

Why doesn't a rising tide raise all or most boats? That is: how does wealth manage to get "sequestered" with the wealthiest? [In theory], they don't put it in big money rooms like Scrooge McDuck: they ...