The revolution that’s been happening in financial services is right in your pocket: the phone that you pull out when the check arrives after a restaurant dinner with friends. Until relatively recently ...

The long-term societal cost of greenhouse gas emissions exceeds the total market value of the corporate sector.

Knowledge may be power, but information can also be overwhelming. Decision-makers often have access to so much potentially relevant data that they must choose what to ignore. Economists call this ...

Institutions help explain uneven development between countries.Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at ...

Last fall an artist duct-taped a banana to a wall, and the piece sold for $6.24 million. As an economist who also runs the 800-piece contemporary-art collection at Booth, can you explain what made ...

If you’re not sure quite how to peg the economy these days, you have plenty of company among many middle-class Americans working to get ahead. On one hand, jobs are plentiful and growth is solid. On ...

US vice president Kamala Harris took on price gouging as a significant part of her presidential campaign’s economic policy platform, promising if elected to call for “the first-ever federal ban on ...

For decades, college has been seen by many in the US as the ticket to upward mobility. But it’s hard to separate the value added by college from the outcomes students would have experienced without it ...

The data-analysis revolution that turned words into analyzable data continues to progress. Now models are turning images, audio, and visual files into data as well. Large language models can capture ...

To appreciate the edge that artificial intelligence can bring to the financial markets, it’s worth understanding how fast the technological landscape has changed for investors. It has been propelled ...

Healthcare and the Moral Hazard Problem The demand curve isn’t simple when lives are on the line. By Matthew J. Notowidigdo and Tal Gross July 22, 2024 CBR - Health Care Share This Page ...

A series of studies suggests an inverse relationship between automation and religiosity.