Lottery-linked accounts helped England wage its Nine Years’ War in the 17th century. Could it help the rest of us save more money today?
- Associate Professor of Business, Boston University
The headlines are full of stories of corruption and mega scandals, but what does it mean for the rest of us? And what makes the economic cost of corruption so high?
The stereotype that blondes lack intelligence has been around for a long time, but research suggests this ill-conceived notion doesn’t match the facts.
About one in seven Americans report going hungry at some point during the year, a fact apparently far from the minds of the presidential candidates.
There’s nothing as certain as death, taxes and a Republican with a plan to cut them. But how do the candidates’ proposals stack up?
How does an institution like the World Bank come to put a price tag on a virus like Zika or any other health calamity?
Stock markets have been falling all year on concern the world risks slipping into a recession, which begs the question: how would we know if we were in one?
At first glance, US$1.5 billion seems like a lot of money. But that’s before taxes and a tendency for winners to spend it unwisely.
Three of our regular writers offer their thoughts on the key economic issues and themes in the new year.
Hollywood moves are always breaking box office records because the industry doesn’t adjust for inflation, which changes the picture considerably.
The Federal Reserve is expected to raise rates for the first time in nine years next week. What does it mean for you?
Economic theory suggests when demand goes up, so does the price, but oddly, it doesn’t for turkeys ahead of Thanksgiving.
Should certain places, such as national parks and wilderness areas, be off-limits to cellphones and Wi-Fi?
France is the latest country to consider a law that would ban branded cigarette packages. How effective are they and what’s the economic cost?
Le paquet neutre semble une bonne solution de santé publique. Mais il peut avoir des conséquences budgétaires non négligeables. Retour sur ce paradoxe.
L'histoire de l'affrontement entre Uber France et les taxis fut racontée en 1844 par Frédéric Bastiat, économiste libéral, sous forme d'une satire grinçante. Avait-il vu juste?
The economist Frédéric Bastiat didn’t experience the “sharing economy,” but he knew the ludicrousness of wailing against a “foreign technology.”
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here’s why.
Are we overscheduling our children even from the moment of their birth? We live in an on-demand world. Movies are shown on request, food is delivered on call and drivers arrive when beckoned. As an economist…
Perhaps the world’s most famous index dropped 1,000 points in a matter of minutes Monday as part of an ongoing global stocks sell-off. What does that mean for you and me?
What would you do if a zombie apocalypse occurred? I recommend going to the Centers for Disease Control’s (CDC) zombie website for information. It is incredible (see it here). While the zombie website…
Do you procrastinate about taking care of financial matters in your life? Recently a fascinating article about financial procrastination appeared online. The author publicly admitted that “after years…
Another Fourth of July is here, the time for backyard barbecues, picnics, cookouts, parades, swimming and fireworks. One of those Independence Day pastimes, however, stands apart: fireworks. They’re a…
The Greek government shut all banks in the country on June 29 after the European Central Bank capped emergency funding to the lenders. Cash withdrawals from ATMs are now limited to €60 a day (about US$67…
Jeb Bush recently announced his candidacy for president by declaring that “our country is on a very bad course” and promised to fix this with the striking promise of “4% growth, and the 19 million new…
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