Millions of American flags come from China. Yet despite being symbols of patriotism, they’re not among the products subject to new tariffs imposed by the Trump administration.
- Associate Professor of Business, Boston University
A lucky South Carolinian came forward to claim the $1.5 billion Mega Millions jackpot. Academic research has some suggestions about what the winner should do next.
The lottery’s jackpot has swelled to that eye-watering sum, but research suggests hopeful ticket holders should be careful what they wish for.
With the unemployment rate at about the lowest level in almost 50 years, how much lower could it go? An economist explains.
Cada vez más se les pregunta a los viajeros globales si desean pagar compras locales en la moneda de su país de origen. He aquí por qué debe resistirse a la tentación de hacerlo.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
The warm summer months encourage more of us to get outside and exercise, whether by shooting hoops or riding a bike. But there’s a downside: higher risk of injury.
A new study explores whether how we perceive our body weight affects our prospects in the job market and at work.
An economist explores data on injuries, which states ban fireworks and other interesting stats on what President John Adams referred to as ‘illuminations.’
Many states are pondering making gambling on sports legal after the US Supreme Court overturned a federal ban. But is the industry really worth as much as some say it is?
The unemployment rate is now at its lowest level in 17 years and is very close to a 50-year low. Does that mean we’re at full employment?
Companies these days offer insurance on pretty much anything you buy, no matter how inexpensive. How do you know when it’s worth it?
People have to make countless decisions on a daily basis that involve some degree of risk, from boarding a plane to crossing the street. The trouble is most of us don’t weigh risk well.
Every March, millions of Americans watch the NCAA’s annual college basketball tournament, while millions more fill in brackets to win their office pool.
An economist explains why the Dow Jones industrial average’s biggest-ever one-day drop shouldn’t bother you too much.
Despite claims that college turns students liberal, a new study reveals that students gain more appreciation for both liberal and conservative views during their freshman year.
The French president said he would eliminate all coal-fired plants in his country by 2021, while his US counterpart is pushing policies intended to make them more profitable. Either way, the laws of economics will win.
Santa reportedly rewards children who behave with more presents than their naughty peers. The data suggest the real world isn’t as clear-cut.
An economist explains why turkeys defy the economic laws of supply and demand.
Colleges and universities boast US$547 billion in endowment assets, yet only a handful of elite schools would be taxed under the proposal.
Although Puerto Ricans are American citizens, what happens on the island tends to stay there, at least in terms of economic data.
A cashless society depends on three things, all of which have failed in recent weeks as a result of natural disasters and security breaches.
Richard Thaler won the 2017 Nobel Prize in economics for his groundbreaking work incorporating how humans actually behave into economic thinking.
Saturated media coverage of hurricanes like Harvey and Irma can make it seem like disasters happen all the time. Is the frequency of billion-dollar disasters really rising?
The holiday began as a strike against excessive workweeks but now bears little resemblance to its worker-centric origins, even as the founders’ gains are slowly lost.
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