Claims tagged with "Economics"

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A federal appeals court ruled on Friday that many of President Trump’s most punishing tariffs were illegal, delivering a major setback to Mr. Trump’s agenda that may severely undercut his primary sour... 0.900

👤 Tony Romm and Ana Swanson 📋 News Article 🏷️ Politics , Economics , Legal

Simplified: Federal appeals court ruled Trump's tariffs illegal Friday setback to Trump's agenda.

1 sources

1 month ago
Mr. Trump has threatened tougher sanctions but has so far not followed through. 0.900

👤 Lara Jakes 📋 News Article 🏷️ United States , Russia , Ukraine , Politics , Economics

Simplified: Trump has threatened tougher sanctions but has not followed through

1 sources

1 month ago
He then said continued aggression from Moscow could be met with economic consequences. 0.900

👤 Lara Jakes 📋 News Article 🏷️ United States , Russia , Ukraine , Politics , Economics

Simplified: John Kelley said continued aggression from Moscow could be met with economic consequences

1 sources

1 month ago
They acknowledged that the Earth is warming but said that climate change is “less damaging economically than commonly believed.” 0.800

👤 Lisa Friedman and Sachi Kitajima Mulkey 📋 News Article 🏷️ Climate Change , Economics

Simplified: Researchers acknowledged Earth is warming but said climate change is less damaging economically than commonly believed.

1 sources

1 month ago
The Trump administration plans to cut the office’s budget further — although it will boost COPS’s grants for hiring new officers by about $50 million — and consolidate it within a different agency at... 0.900

👤 The author 📋 News Article 🏷️ Politics , Government , Economics

Simplified: Trump administration plans to cut COPS budget further boost hiring grants by $50 million consolidate within DOJ.

1 sources

1 month ago
The program began under President Clinton as part of the 1994 crime bill, and for the last three decades has disbursed grants for hiring new officers and for crime and violence prevention programs, al... 0.900

👤 The author 📋 News Article 🏷️ Government , Crime , Economics

Simplified: COPS program began under Clinton disbursed grants for crime prevention budget is now $437 million smaller than $1 billion in late 1990s.

1 sources

1 month ago
One is something Mr. Trump himself has already floated: a $2 billion dollar spending project to spruce up Washington’s public spaces, including fixing sidewalks, improving parks and adding new streetl... 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics , Government

Simplified: Trump proposed a $2 billion project to improve Washington's public spaces.

1 sources

1 month ago
The constraints they face ultimately lead to excessive and inefficiently timed property expropriation. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Economics , Politics

Simplified: Constraints lead to excessive and inefficiently timed property expropriation

1 sources

1 month ago
The authors point out that a civil society powerful enough to push for the rule of law and the enforcement of property rights could help mitigate such inefficiencies. 0.800

👤 The author 📋 Research Highlights Article 🏷️ Politics , Law , Economics

Simplified: A powerful civil society could help mitigate inefficiencies by pushing for rule of law and property rights enforcement

1 sources

1 month ago
The path of redistribution turns out to be highly inefficient,” Lagunoff said. “It leads to a misallocation of assets, lower growth, and inefficient consumption smoothing. 0.900

👤 Roger Lagunoff 📋 Research Highlights Article 🏷️ Economics

Simplified: Redistribution is highly inefficient leading to misallocation of assets lower growth and inefficient consumption smoothing according to Lagunoff

1 sources

1 month ago
The result is an increasing concentration of private wealth and a declining share of public wealth over time—a trend consistent with recent data from Russia and China. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Economics , Statistics

Simplified: Increasing concentration of private wealth and declining public wealth is consistent with data from Russia and China

1 sources

1 month ago
But through legal adjudication, those assets are slowly privatized by the new elite. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Economics , Law

Simplified: Nationalized assets are slowly privatized by the new elite through legal adjudication

1 sources

1 month ago
While the in-group is able to use the legal process to appropriate the out-group's assets, the authors’ model predicts that the dictator will turn to public assets as a backdoor for redistribution. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Politics , Economics

Simplified: The authors' model predicts the dictator will turn to public assets as a backdoor for redistribution

1 sources

1 month ago
When autocrats come to power, they have an incentive to nationalize assets from the incumbent elite, which history shows can be initially quite popular. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Politics , Economics , History

Simplified: Autocrats have an incentive to nationalize assets which can be initially popular

1 sources

1 month ago
Instead, the autocrat has to use a more indirect method of immiserating the out-group. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Politics , Economics

Simplified: The autocrat uses a more indirect method of immiserating the out-group

1 sources

1 month ago
Some assets are private, such as housing, while others are public, such as infrastructure. 1.000

👤 The author 📋 Research Highlights Article 🏷️ Economics

Simplified: Some assets are private like housing others are public like infrastructure

1 sources

1 month ago
Over a period of time, the autocrat decides which assets are private property and which are public, the division of private property between the in-group and out-group, and how strictly property right... 1.000

👤 The author 📋 Research Highlights Article 🏷️ Politics , Economics

Simplified: The autocrat decides which assets are private or public the division of private property and how strictly property rights are enforced

1 sources

1 month ago
In their model, an autocrat controls property rights over a country’s assets, representing the interests of a dominant in-group against the general population. 1.000

👤 The author 📋 Research Highlights Article 🏷️ Politics , Economics

Simplified: In Cao and Lagunoff's model an autocrat controls property rights representing the interests of a dominant in-group

1 sources

1 month ago
By building a model of property appropriation in autocracies, Cao and Lagunoff show that while autocratic legalism facilitates appropriation, it also imposes some constraints on what autocrats can do. 0.900

👤 The author 📋 Research Highlights Article 🏷️ Economics , Politics

Simplified: Cao and Lagunoff's model shows autocratic legalism facilitates appropriation but also constrains autocrats

1 sources

1 month ago
The authors, Dan Cao and Roger Lagunoff, study the microeconomic foundations of property dynamics in modern autocracies and their implications for economic growth. 1.000

👤 The author 📋 Research Highlights Article 🏷️ Economics , Research

Simplified: Dan Cao and Roger Lagunoff study property dynamics in modern autocracies and economic growth implications

1 sources

1 month ago