The Economic Side of Predicting the Weather

Way beyond predicting the rain and temparature, the National Weather Service, engages in far reaching weather economics.

Weekly Roundup: From Aging in China to Smiling in Denmark

Our economic news summary includes social welfare and Denmark, crowdsourcing and contests, hitting the debt ceiling, aging concerns and expensive lobsters.

The Amazing Innovations That Contests Create

Through incentives that encourage participants to solve design problems, contests can use the benefits of crowdsourcing to stimulate innovation.