NSF update
Original Report
The White House seeks to slash the NSF budget by nearly 55%, to $4 billion. The proposal also cuts all funding for the NSF division that funds research on the social sciences and economics. At an...
The White House seeks to slash the NSF budget by nearly 55%, to $4 billion. The proposal also cuts all funding for the NSF division that funds research on the social sciences and economics. At an internal all-hands meeting on Friday, NSF leaders announced that they would dissolve the agency’s Social, Behavioral and Economic Sciences […] The post NSF update appeared first on Marginal REVOLUTION.
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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