In 2000, Vladimir Putin began targeting oligarchs who did not bend to his authority. The loyalists who remained — and new ones who subsequently got rich — became like ATM machines for the president.
In the 1990s, reformers adopted a radical economic program in Russia. It devastated ordinary Russians and created a new class of oligarchs. And it explains the rise of Putin and the leader he is today
To control inflation during WWII, the U.S. government resorted to wide-ranging price controls. Their unintended consequences might explain why today's policymakers are reluctant to try it again.
Carbon removal went mainstream in 2021. But the technology is still light years away from making a real difference combating climate change. A group of economists wants to help change that.
For decades, Montreal has used generous tax subsidies to boost its video game industry. The policy has succeeded, but the city may need to keep the subsidies in place to keep companies from leaving.
A new study looks at the finances of 3 million households over the course of a year. It finds significant differences in the standard of living across America.
