The Economic Theory That Explains Why America...

Last week, David Robinson resigned from OpenAI. He’d been in charge of writing the safety reports for new models and came to believe that OpenAI and the broader artificial intelligence industry lack the safety culture necessary to protect the world from what they’re building.Robi ...  Show more

President Trump and the modern right have a theory of beauty. You see it in Trump’s gilded Oval Office, his imagined arch and his executive order requiring classical and traditional styles for certain federal buildings. This isn’t my theory of beauty, but it is a theory. And it’s ...  Show more

Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming ...  Show more

The illusion persists, despite all evidence. Americans are pessimistic about the economic future. They feel worse off than their parent’s generation. Poll after poll shows that at best, only twenty percent of Americans say the economy is doing better than it was a year ago. More ...  Show more

The American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good?

Jeanna Smialek, who covers the Fede ...

The U.S. economy is doing better than many had anticipated. Some 80 percent of jobs lost during the pandemic have been regained, and people are making, and spending, more.

But Americans seem to feel terrible about the financial outlook.

Why the gap between reality ...