Countries with higher inequality, more financial development, and higher current account deficits are more prone to populism.
Under certain circumstances, hiking taxes might actually exacerbate inequality.
The distance between America’s rich and the poor has grown in recent years—but hiking taxes might actually exacerbate inequality.
Uncertainty is confounding by its very definition. In the economy, uncertainty can arise from a number of different corners, including wars, natural disasters, and, of course, government decisions—or indecision.
Government-related uncertainty is a relatively new concept that researchers are in the process of defining.