Economics News

April 26, 2024

Top Headlines

38 Trillion Dollars in Damages Each Year: World Economy Already Committed to Income Reduction of 19 % Due to Climate Change

Apr. 17, 2024 — Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a new study finds. These ...

Substantial Global Cost of Climate Inaction

Apr. 17, 2024 — Pioneering study reveals that limiting global warming to 1.5 degrees Celsius could reduce the global economic costs of climate change by two thirds. If warming continues to 3 degrees Celsius, global GDP will decrease by up to 10 percent -- with the ...

Economist: Tens of Billions of Dollars in Forest Products Are Being Overlooked

Apr. 11, 2024 — Are we missing the forest for the trees? More than timber grows in forests -- including products worth many tens of billions of dollars. Because these goods go unrecorded in official trade ...

Economic Burden of Childhood Verbal Abuse by Adults Estimated at $300 Billion Globally

Apr. 11, 2024 — Childhood verbal abuse by adults costs society an estimated $300 billion a year globally, show recent ...

Latest Headlines

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Securing Competitiveness of Energy-Intensive Industries Through Relocation: The Pulling Power of Renewables

Apr. 24, 2024 — Countries with limited potential for renewables could save up to 20 percent of costs for green steel and up to 40 percent for green chemicals from ...

New Study Uncovers Lasting Financial Hardship Associated With Cancer Diagnosis for Working-Age Adults in the U.S.

Apr. 23, 2024 — A new study highlights the lasting financial impact of a cancer diagnosis for many working-age adults and their families in the United States. It ...

Climate Change Will Increase Value of Residential Rooftop Solar Panels Across US, Study Shows

Apr. 19, 2024 — Climate change will increase the future value of residential rooftop solar panels across the United States by up to 19% by the end of the century, ...

Food Security in Developed Countries Shows Resilience to Climate Change

Apr. 11, 2024 — A study has found that market forces have provided good food price stability over the past half century, despite extreme weather ...

Atmospheric and Economic Drivers of Global Air Pollution

Apr. 8, 2024 — Carbon monoxide emissions from industrial production have serious consequences for human health and are a strong indicator of overall air pollution levels. Many countries aim to reduce their ...

How Climate Change Will Impact Food Production and Financial Institutions

Apr. 8, 2024 — Researchers have developed a new method to predict the financial impacts climate change will have on agriculture, which can help support food security and financial stability for countries ...

Scientists' Urgent Call: End Destruction and Forge a Just, Sustainable Future

Apr. 2, 2024 — An international team of scientists published a study emphasizing the urgent need to align political will, economic resources, and societal values to ...

Research Identifies Characteristics of Cities That Would Support Young People's Mental Health

Mar. 25, 2024 — As cities around the world continue to draw young people for work, education, and social opportunities, a new study identifies characteristics that ...

Study Shows Middle-Aged Americans Are Lonelier Than European Peers, Suggests Loneliness in Midlife Is Endemic

Mar. 18, 2024 — New research has shown that not only are middle-aged Americans lonelier than their same-age peers in Europe, but levels of loneliness are also ...

New Technique Helps AI Tell When Humans Are Lying

Mar. 18, 2024 — Researchers have developed a new training tool to help artificial intelligence (AI) programs better account for the fact that humans don't always tell the truth when providing personal information. ...

Economic Wealth May Be Linked With Happiness in China -- If Inequality Is Low

Apr. 10, 2024 — A country's economic prosperity is linked with improved well-being in its residents, according to a new ...

Research Shows Direct Link Between State Income Taxes and Migration

Apr. 3, 2024 — A new study looks at 110 years of income tax history across the U.S. and notes out-migration by wealthy ...

Companies Ignoring Climate Risks Get Punished by Markets, New Study Reveals

Apr. 2, 2024 — Companies that proactively manage climate risks boost their valuations, while those with a passive stance are discounted in the equity market, according to new ...

Making the Future Too Bright: How Wishful Thinking Can Point Us in the Wrong Direction

Mar. 28, 2024 — Everyone indulges in wishful thinking now and again. But when is that most likely to happen and when could it actually be harmful? A new study demonstrates unequivocally that the greater the ...

Greenhouse Gas Emissions in Global South Countries Linked With IMF Lending Policies, Study Finds

Mar. 20, 2024 — A study of 130 Global South nations has found that their greenhouse gas emissions were linked with IMF lending policies. The constraints of IMF's structural loans imposed coercive lending ...

The Atlas of Unburnable Oil in the World

Mar. 15, 2024 — In order to limit the increase in global average temperature to 1.5 C, it is essential to drastically reduce carbon dioxide emissions in the atmosphere. This would mean not exploiting most of the ...

Supply Chain Disruptions Will Further Exacerbate Economic Losses from Climate Change

Mar. 13, 2024 — Global GDP loss from climate change will increase exponentially the warmer the planet gets when its cascading impact on global supply chains is factored in, finds a new ...

Climate Policies to Reduce Motor Vehicle Emissions Can Improve Children's Health, Save Money

Mar. 12, 2024 — A new study finds that policies to reduce carbon dioxide (CO2) emissions from motor vehicles combined with investments in electric vehicles and public transportation would reduce air pollution and ...

Loss of Nature Costs More Than Previously Estimated

Mar. 7, 2024 — Researchers propose that governments apply a new method for calculating the benefits that arise from conserving biodiversity and nature for future ...

How Air Pollution Can Harm Team Performance

Feb. 28, 2024 — High levels of air pollution can affect teams doing complex tasks, which holds implications for emerging ...

Reforestation Schemes Are Not Enough to Recover the Carbon Created by Harvesting Wood

Feb. 26, 2024 — Forests have a critical role to play in capturing and storing carbon from the Earth's atmosphere -- but some models exaggerate their carbon removal potential by almost three-fold, according to a ...

Ag Economists Offer Food for Thought to Improve Baby Formula Supply

Feb. 22, 2024 — Remember the 2022 baby formula crisis? The historic shortage of infant formula that year highlighted the precarious balance between regulation, competition and safety, according to a new study. The ...

Generating 'Buzz' About New Products Can Influence Their Success

Feb. 20, 2024 — The way companies announce new products or build up hype can often influence their success once those new products hit the market, according to new research. Whether it's an upcoming blockbuster ...

Artificial Intelligence: Aim Policies at 'Hardware' to Ensure AI Safety, Say Experts

Feb. 15, 2024 — Chips and datacentres -- the 'compute' power driving the AI revolution -- may be the most effective targets for risk-reducing AI policies as they have to be physically possessed, according ...

Reported Marital Harmony -- Or Conflict -- Accounts for Nearly Ten Percent of the Variation in Mental Health Self-Assessments in a Broad Study of Australian Adults

Feb. 14, 2024 — Australian adults who report a good relationship that meets their original expectations tend to score higher in mental health, while adults who report loving their spouse but wished they had never ...

Benefits of Heat Pumps

Feb. 13, 2024 — Millions of U.S. households would benefit from heat pumps, but the cost of installing the technology needs to come down to make their use a more attractive ...

Older Adults Rely More on Trust in Decision Making. It Could Open Them Up to Scams

Feb. 13, 2024 — Elderly adults lose billions to financial scams by people they trust every year. New psychological research suggests this vulnerability could be linked to older adults' overrliance on initial ...

England's Oldest Became Frailer During Austerity, Study Suggests

Feb. 8, 2024 — The speed at which England's oldest adults became frailer accelerated during the UK Government's era of austerity politics, according to a new ...

Lifting of Federal Funding Ban Tied to Increase in Gun Violence Research

Feb. 8, 2024 — The lifting of a two-decade drought in federal funding for firearm injury prevention research was strongly associated with an increase in both clinical trials and publications on gun violence, ...

Clarity Needed for Businesses to Achieve Greenhouse Gas Mitigation

Feb. 7, 2024 — Despite efforts to mitigate the effects of climate change, companies are not set up for success, due to conflicting national and sectorial targets and differing availability of abatement options, a ...