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A holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials. Increasing incomes while reducing environmental pressures hinges on the ‘decoupling’ of energy emissions from economic growth. Some countries in the global economy are moving in the right direction. But this good news can be misleading….
We thank Julie Shi, Joe Price, Yuli Xu, and audiences at the International Health Economics Association 2025 and American Economics Association 2026 conferences for comments and reactions that have improved this paper. Ted Telford initiated the data collection underlying this work. Support from National Institutes of Health (NICHD) through Award HD 042731-01 is gratefully acknowledged…
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A stock can beat Wall Street’s earnings estimates and still fall sharply. Another company can miss an estimate and rally. This is not necessarily irrational. Stock prices respond to how results compare with the expectations already reflected in the price, not simply whether the headline says “beat” or “miss.” Key takeaways for stock investors An…
en English Economics Aug 21, 2026 Jorge Arbache Outside of the United States, all other financial systems face major constraints on their ability to absorb large financial inflows. That is why geopolitical multipolarity is advancing faster than financial multipolarity, despite the many…
