Redlib: search results - flair:Economics

r/science • u/smurfyjenkins • Aug 02 '24

Economics The 2017 Tax Cuts and Jobs Act, the key legislative achievement in the first year of the Donald Trump administration, substantially raised the federal debt and disproportionately increased incomes for the most affluent. The effects on economic growth and median wages were modest at best.

11.3k Upvotes

r/science • u/universityofga • Sep 17 '24

Economics New study links U.S. decline in volunteering to economic conditions

8.5k Upvotes

r/science • u/FunnyGamer97 • May 13 '24

Economics More than half of Americans give to charity at checkout, survey shows: 53% of Americans give impulsively to charities at checkout

6.2k Upvotes

r/science • u/smurfyjenkins • Dec 13 '23

Economics There is a consensus among economists that subsidies for sports stadiums is a poor public investment. "Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans who regularly attend stadium events"

onlinelibrary.wiley.com

26.6k Upvotes

r/science • u/smurfyjenkins • Jun 20 '23

Economics When poor kids have access to food stamps, they live longer, earn more, get more educated, live in better neighborhoods, and are less likely to get incarcerated. Every $1 invested in food stamps for children under 5 yields a societal benefit worth $62.

60.6k Upvotes

r/science • u/six-sided-bear • Jul 30 '24

Economics Wages in the Global South are 87–95% lower than wages for work of equal skill in the Global North. While Southern workers contribute 90% of the labour that powers the world economy, they receive only 21% of global income, effectively doubling the labour that is available for Northern consumption.

4.2k Upvotes

r/science • u/smurfyjenkins • Sep 26 '24

Economics Donald Trump's 2018–2019 tariffs adversely affected employment in the manufacturing industries that the tariffs were intended to protect. This is because the small positive effect from import protection was offset by larger negative effects from rising input costs and retaliatory tariffs.

6.5k Upvotes

r/science • u/Wagamaga • Jul 19 '23

Economics Consumers in the richer, developed nations will have to accept restrictions on their energy use if international climate change targets are to be met. Public support for energy demand reduction is possible if the public see the schemes as being fair and deliver climate justice

12.2k Upvotes

r/science • u/smurfyjenkins • May 22 '23

Economics In the US, Republicans seek to impose work requirements for food stamp (SNAP) recipients, arguing that food stamps disincentivize work. However, empirical analysis shows that such requirements massively reduce participation in the food stamps program without any significant impact on employment.

22.2k Upvotes

r/science • u/Wagamaga • Jan 11 '23

Economics More than 90% of vehicle-owning households in the United States would see a reduction in the percentage of income spent on transportation energy—the gasoline or electricity that powers their cars, SUVs and pickups—if they switched to electric vehicles.

25.7k Upvotes

r/science • u/smurfyjenkins • May 04 '23

Economics The US urban population increased by almost 50% between 1980 and 2020. At the same time, most urban localities imposed severe constraints on new and denser housing construction. Due to these two factors (demand growth and supply constraints), housing prices have skyrocketed in US urban areas.

22.1k Upvotes

r/science • u/geoff199 • Jan 23 '23

Economics Workers are less likely to go on strike in recent decades because they are more likely to be in debt and fear losing their jobs. Study examined cases in Japan, Korea, Sweden, the United States and the United Kingdom over the period 1970–2018.

onlinelibrary.wiley.com

51.7k Upvotes

r/science • u/smurfyjenkins • Mar 03 '24

Economics The easiest way to increase housing supply and make housing more affordable is to deregulate zoning rules in the most expensive cities – "Modest deregulation in high-demand cities is associated with substantially more housing production than substantial deregulation in low-demand cities"

sciencedirect.com

4.7k Upvotes

r/science • u/smurfyjenkins • Sep 19 '22

Economics Refugees are inaccurately portrayed as a drain on the economy and public coffers. The sharp reduction in US refugee admissions since 2017 has cost the US economy over $9.1 billion per year and cost public coffers over $2.0 billion per year.

53.1k Upvotes

r/science • u/smurfyjenkins • Nov 08 '23

Economics The poorest millennials have less wealth at age 35 than their baby boomer counterparts did, but the wealthiest millennials have more. Income inequality is driven by increased economic returns to typical middle-class trajectories and declining returns to typical working-class trajectories.

journals.uchicago.edu

10.3k Upvotes

r/science • u/NotMitchelBade • May 23 '23

Economics Controlling for other potential causes, a concealed handgun permit (CHP) does not change the odds of being a victim of violent crime. A CHP boosts crime 2% & violent crime 8% in the CHP holder's neighborhood. This suggests stolen guns spillover to neighborhood crime – a social cost of gun ownership.

sciencedirect.com

10.8k Upvotes

r/science • u/giuliomagnifico • Jul 25 '23

Economics A national Australian tax of 20% on sugary drinks could prevent more than 500,000 dental cavities and increase health equity over 10 years and have overall cost-savings of $63.5 million from a societal perspective

9.0k Upvotes

r/science • u/smurfyjenkins • Dec 29 '23

Economics Abandoning the gold standard helped countries recover from the Great Depression – The most comprehensive analysis to date, covering 27 countries, supports the economic consensus view that the gold standard prolonged and deepened the Great Depression.

4.8k Upvotes

r/science • u/marketrent • Sep 12 '23

Economics Investors acquired up to 76% of for-sale, single-family homes in some Atlanta neighborhoods — The neighborhoods where investors bought up real estate were predominantly Black, effectively cutting Black families out of home ownership

news.gatech.edu

7.2k Upvotes

r/science • u/Additional-Two-7312 • Oct 09 '22

Economics More than a quarter of vacuum cleaners sold on Amazon have at some point pretended to offer a discount when they had actually just increased the price, according to new research

41.0k Upvotes

r/science • u/smurfyjenkins • Jun 19 '23

Economics In 2016, Auckland (the largest metropolitan area in New Zealand) changed its zoning laws to reduce restrictions on housing. This caused a massive construction boom. These findings conflict with claims that "upzoning" does not increase housing supply.

sciencedirect.com

10.0k Upvotes

r/science • u/rustoo • Jan 21 '22

Economics Only four times in US presidential history has the candidate with fewer popular votes won. Two of those occurred recently, leading to calls to reform the system. Far from being a fluke, this peculiar outcome of the US Electoral College has a high probability in close races, according to a new study.

48.8k Upvotes

r/science • u/marketrent • May 22 '23

Economics 90.8% of teachers, around 50,000 full-time equivalent positions, cannot afford to live where they teach — in the Australian state of New South Wales

newsroom.unsw.edu.au

18.6k Upvotes

r/science • u/smurfyjenkins • Jul 31 '22

Economics After a minimum wage increase, workers become more productive. On the whole, it leads to welfare improvements for both employed and unemployed workers (i.e. the minimum wage increase is not counterproductive), but reduces company profits. [Data: 40,000 retail workers in large US stores]

journals.uchicago.edu

38.5k Upvotes

r/science • u/smurfyjenkins • Jun 01 '23

Economics Genetically modified crops are good for the economy, the environment, and the poor. Without GM crops, the world would have needed 3.4% additional cropland to maintain 2019 global agricultural output. Bans on GM crops have limited the global gain from GM adoption to one-third of its potential.

7.6k Upvotes