As Greek bailout talks continue, European monetary officials are also concerned that a Greek statistician could receive a life sentence for reporting accurate macroeconomic statistics.…
Macroeconomics
The study of how the economy behaves as a whole as well as economy-wide phenomena.
The Behavioral Nudges That Our Trains and Planes Give Us
The best designed railway stations and airports have behavioral nudges that travelers don’t even know they are following.…
How a Chinese Smartphone Could Be Made in America
When the U.S. proclaimed a seven-year ban on doing business with China’s ZTE, the stock price of Acacia Communications plunged: We could say the butterfly effect kicked in. Initially academic, t…
What Unexpected Markets Are Saying About the Royal Wedding
Frequently more accurate than individuals, markets can determine prices and even tell us what will happen at a royal wedding.…
How Taylor Swift Solved Her Ticket Problem
Through her new concert tour, “Reputation,” Taylor Swift may have figured out how to prevent scalpers from reducing ticket availability and getting too much of her revenue.…
What You Never Expected To Hear About a Traffic Jam
Since billions have been proposed for infrastructure spending, we should consider some surprising suggestions from researchers on traffic congestion.…
The Women We Never Knew About
Because of the NY Times Overlooked project, Emily Roebling’s long delayed obituary displays how she helped to build the Brooklyn Bridge.…
How China Has Begun To Keep (a Social) Score
In China, by being good to your mother-in-law, you can elevate your social credit score, get a cheaper bike rental, and a better bank loan.…
Why Guinea Pigs and Party Dresses Are Similar
Whether looking at guinea pigs or party dresses, you get rental markets when time and money make people avoid a purchase.…
Do Mandatory Calorie Labels Matter?
Although mandatory calorie count labels have become the law of the land, their impact on firms and consumers is still unpredictable.…