Ukraine and the sum of all fears.| The Dispatch
On the Epstein files rug-pull.| The Dispatch
We develop a new method to measure economic policy uncertainty and test its dynamic relationship with output, investment, and employment. We find that, since 2008, economic policy uncertainty in the United States has been at a level approximately two times its long run average. We extend our approach to other countries, finding elevated levels of economic policy uncertainty abroad, as well.| www.policyuncertainty.com