Policy
The Business Case for Comprehensive Immigration Reform
Two economists propose a bipartisan immigration overhaul, with an eye towards the future of the labor force.
Economics
China Weathered the Global Recession with an Aggressive Stimulus Package. But Did It Prop Up the Wrong Firms?
A cautionary tale about the unintended consequences of credit expansion.
Economics
Should Antitrust Laws Really Be Changed, or Should We Just Enforce the Laws We Have?
A presidential assassination brought the trust-busting Teddy Roosevelt to power. The episode offers lessons for today’s antitrust regulators.
Economics
A Nation’s Wealth May Depend on How Much Its Workers Can Learn on the Job
New research suggests that formal schooling is not the panacea to global inequality that many have long believed it to be.
Politics & Elections
One Nation Invades Another. What Will Happen Next?
Game theory reveals why some conflicts escalate and others don’t.
Finance & Accounting
What Causes Stock Market Swings?
Tariffs? Job reports? Oil prices? A new volatility index pinpoints which factors make investors feel uncertain.
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Strategy
A Clever Strategy to Combat Free Riding
In any collaboration, the temptation to slack off is strong.
Strategy
Why Income Inequality among White Collar Workers Is Growing
Top earners benefit most from “knowledge hierarchies” in organizations.
Finance & Accounting
Chapter 7 vs. Chapter 11: Which Bankruptcy System Is Better?
In certain markets, forcing companies to liquidate could cause offices and factories to sit empty.
Economics
How the Wormhole Decade (2000–2010) Changed the World
Five implications no one can afford to ignore.
Economics
Podcast: What Happens When Employees Are Poached?
How poaching benefits companies and industries, and how you can make yourself more poachable.
Policy
Does Democracy Curb Corruption?
A clever study investigates the link between where roads are built and who is in power.
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Economics
When an Industry Consolidates, What Happens to Wages?
A surprisingly consistent answer has emerged in one sector: healthcare.
Finance & Accounting
Three Quarters of Americans Aren’t Putting Enough into Their 401(k)s
With employers shifting away from pensions, there’s an urgent need for improved financial literacy.
Innovation
How Much Does Innovation Drive Economic Growth?
A study of millions of patents lifts the veil on how new ideas influence productivity.
Economics
What Google Is Teaching Economists About Unemployment Insurance
Search data can tell policymakers whether extending unemployment benefits delays job-seeking.
Strategy
Why Do Trainees Get Stuck with So Much Grunt Work?
There must be faster ways to get them up to speed. Yet grueling apprenticeships persist in medicine, law, and the trades.
Economics
How Closely Do Our Beliefs About Social Mobility Match Reality?
The answer differs between Americans and Europeans, and between liberals and conservatives.
Economics
How the Coffee Industry Is Building a Sustainable Supply Chain in an Unstable Region
Three experts discuss the challenges and rewards of sourcing coffee from the Democratic Republic of Congo.
Economics
Take 5: What Science Says about Your Summer Vacation
Kellogg faculty explore the psychology and economics of common travel conundrums.
Healthcare
Even for the Insured, a Hospital Stay Has Surprising Costs
The long-term financial toll extends far beyond medical bills.
Economics
How a Genetically Modified Soybean Helped Modernize an Economy
As Brazil’s farms became more efficient, workers shifted to manufacturing.
Policy
How to Make Economic Development More Inclusive
Two finance experts discuss the need to tailor strategies to specific underserved communities.
Economics
How a Genetically Modified Soybean Helped Modernize an Economy
As Brazil’s farms became more efficient, workers shifted to manufacturing.
Policy
How to Make Economic Development More Inclusive
Two finance experts discuss the need to tailor strategies to specific underserved communities.
Economics
How the Potato Ushered in an Era of Peace
Its arrival in Europe had consequences that went far beyond diet.
Economics
Is Social Mobility Essential to Democracy?
It depends on the size and assumptions of the middle class.
Policy
Does Lowering the Corporate Tax Rate Spur Economic Growth?
Results of a new study have implications for the recent U.S. tax overhaul.
Economics
Localized Natural Disasters Can Hurt an Entire Country’s Economy
A new study helps explain the economic ripple effects on supply chains.
Policy
How a “Robot Tax” Could Reduce Income Inequality
This tax can also be part of a plan to improve the economy as a whole.
Economics
How Do People Respond to Sales Tax Increases?
New research shows we aren’t as blasé as economists thought.
Finance & Accounting
What Makes Oil Prices So Volatile?
There’s more to the story than OPEC. Plus, how fracking stands to change the market.
Innovation
STEM Degrees Are Good for Careers. But Do They Lead to More Innovation?
Science, technology, engineering, and math education helps job prospects, but hurts the likelihood of becoming an inventor.
Economics
Does Immigration Help or Hurt Local Economies?
Historically, where immigrants cluster in the U.S., prosperity follows.
Finance & Accounting
Alaskans Get an Annual Check from the State. How Do They Spend It?
The answer depends on a family’s income, but not in the way many economists expected.
Economics
School Shootings Rise and Fall with the Unemployment Rate
Researchers set out to quantify gun violence at U.S. schools and made a surprising discovery.
Finance & Accounting
Why Are We So Quick to Borrow When the Value of Our Home Rises?
The reason isn’t as simple as just feeling wealthier.
Organizations
Businesses Born in a Recession Tend to Start Smaller and Stay Smaller
Yet there are ways business owners can counter these long-term effects.
Economics
Video: How to Establish Trust in Financial Transactions
Hard statistics and an understanding of culture keep the money flowing between lenders and borrowers.
Finance & Accounting
What Good Is a Financial Advisor?
They may have your best interests in mind, but that doesn’t mean their advice is sound.
Policy
Higher Taxes Can Make Altruistic Jobs More Attractive
But subsidizing these careers may ultimately do more good.
Strategy
Finding the Right Performance Incentives to Motivate Employees
Some incentive schemes encourage hard work—others reward those who game the system.
Economics
Disposable Income Is Rising in Africa. What Happens Next?
A Q&A about growth trends in African markets.