Many argue the Great Recession could have been ameliorated through strategic policies, but the government ignored warning signs of coming economic distress. Instead, increased borrowing incited a financial and real estate boom, which resulted in a bubble that eventually burst.
American-backed forces say they have taken control of Raqqa, the northern Syrian city that has been the de facto capital of the Islamic State of Iraq and Syria (ISIS).
Three Princeton University researchers are connected to this year’s winner of the 2017 Nobel Peace Prize: the International Campaign to Abolish Nuclear Weapons (ICAN). ICAN is a coalition of nongovernmental groups from 100 countries working on a treaty to eradicate nuclear weapons.
This episode is about one of Sam Wang’s favorite topics: gerrymandering.
When home prices rise, households tend to borrow and spend more. But economists have had trouble identifying exactly what causes that relationship. Is it that when a house becomes worth more, borrowers are able to offer more collateral to secure a loan?
Reports indicate that President Donald Trump plans to “decertify” the Iran nuclear deal on grounds that Iran hasn’t lived up to the agreement. The news comes ahead of a looming Oct. 15 deadline, on which day the Trump administration must certify to Congress that Iran is adhering to the deal.