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Economists

All articles tagged with #economists

AI Could Reshape Jobs, 200+ Leaders Urge Guardrails
technology1 day ago

AI Could Reshape Jobs, 200+ Leaders Urge Guardrails

Over 200 economists, executives and researchers—including Eric Schmidt and Reid Hoffman—signed a letter warning that AI could become radically more powerful in the next decade, potentially causing large-scale job displacement and prompting policymakers to build guardrails and institutions to steer AI to complement workers and boost living standards; views differ, with some studies suggesting gradual workforce impact and others predicting rapid disruption.

Economists Predict Higher Inflation Under Trump Than Biden
economics2 years ago

Economists Predict Higher Inflation Under Trump Than Biden

A Wall Street Journal survey indicates that most economists believe a potential second term for Donald Trump could lead to higher inflation, deficits, and interest rates compared to a continued Joe Biden presidency. The survey, conducted with 68 professional forecasters, highlights concerns over Trump's policy preferences on trade and immigration, which could impact the labor supply and economic stability. Despite these predictions, the actual impact of either presidency on the economy will depend on various factors, including Congressional actions and external economic shocks.

"Removing Chassis Requirement Could Boost Affordable Housing"
housing-market2 years ago

"Removing Chassis Requirement Could Boost Affordable Housing"

Amending the 1974 National Manufactured Housing Construction and Safety Standards Act to remove the requirement for manufactured homes to be built on a permanent chassis could save homebuyers $175,000 and increase the availability of affordable housing, according to economists Lee Ohanian and James Schmitz. This change would make manufactured homes more attractive, safer, and easier to finance, potentially transforming homeownership for millions of Americans.