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Are School Counselors an Effective Education Input?
By helping even a few children in the classroom, school counselors could potentially induce widespread academic gains.
We exploit within-school variation in counselors and find that one additional counselor reduces student misbehavior and increases boys’ academic achievement by over one percentile point. These effects compare favorably with those of increased teacher quality and smaller class sizes.
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This paper was originally published by Economic Letters
Economic Dynamism

The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.

Ignore 'Open Letters' From Economists
Don’t be swayed by “open” letters signed by well-known and well-respected scholars, experts, professors, and businessmen.

Demystifying the New Deal
Carola Binder reviews False Dawn: The New Deal and the Promise of Recovery, 1933–1947 by George Selgin

Law Can’t Answer Every Question Posed by AI
By rediscovering confidence in constitutional design and civil society institutions, America can maintain its position as the world's leading technological innovator.