Policy & the Economy
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robot being fenced in by humans
February 23, 2024

The Dos and Don’ts of Regulating AI

How can governments capitalize on AI’s benefits while minimizing its dangers? New research examines several policies—and identifies a promising approach.

two lawyer stand in an MMA octagon
February 23, 2024

What’s at Stake in the UFC Antitrust Case?

The outcome of the mixed-martial-arts saga could have wide-ranging implications for the future of global sports entertainment.

Dermatologist and robot look at patient's head
February 5, 2024

What Happens When We Give Doctors an AI Assistant?

Machine-learning systems can improve physicians’ accuracy at diagnosing dermatological diseases. But even with AI assistance, physicians struggle to close the accuracy gap between light- and dark-skinned patients.

Gilded age bureaucrat holding items on his desk as train passes outside window
February 1, 2024

How the Railroad Laid the Tracks for Modern Government

Technologies that allowed federal officials to monitor workers from afar played a key role in the emergence of the bureaucratic state.

Man sitting thinking
January 4, 2024

Why Are So Many Young Chinese Depressed?

It’s not just the economic slowdown. The country’s education system and social policies have created a disillusioned generation.

people walking through a lively urban shopping district
January 2, 2024

Community Revitalization Is Hard to Get Right. Here’s How It Can Succeed.

“The basic amenities people want are pretty universal, but every community has its own priorities and ideals.”

apartment building with national flags displayed
January 1, 2024

How Should Global Cities Manage an Influx of Wealthy Foreign Residents?

In an age of remote work, the trend will only continue. So how can governments take advantage of the benefits while mitigating the harms?

figure under streetlight
December 11, 2023

Investing Over-the-Counter—and Under the Radar

In most markets, buyers and sellers benefit from soliciting many offers. New research shows why the opposite is true for OTC traders.

woman crossing rope bridge
November 28, 2023

The Long Tail of China’s Zero-COVID Policy

As the costs of China’s pandemic experience are tallied, younger generations are confronting a disconcerting new reality.

November 1, 2023

When Your Savings Account Is Also a Lottery Ticket

Prize-linked savings accounts can be more enticing to customers than interest rates—and banks like them, too.

two factories in the heat, with the smaller one melting
November 1, 2023

In a Warming U.S., Smaller Manufacturers Are Feeling the Heat

Smaller firms struggle in the face of temperature shocks, while larger ones are less affected—a trend that is driving industry consolidation.

group of younger employees waits outside older employees' offices
October 18, 2023

Why Younger Workers Just Can’t Get Ahead

In wealthy countries, the wage gap between older and younger workers is growing. A crowded promotion pathway could be to blame.

three people in line at a pharmacy with the same prescription and different priced receipts
October 6, 2023

Can We Build a Better Prescription Drug Market?

Medicare will soon be able to negotiate directly with drug makers. But one economist explains why “the goal should be to increase value, not just lower prices.”

smartphone on witness stand being questioned by lawyer while judge watches.
October 5, 2023

Big Tech Takes the Stand

Google may look like a monopoly, but is its power actually hurting consumers? A legal expert weighs in.

US electoral college map
October 2, 2023

How the Electoral College May Curb Election Fraud

This distinctive aspect of American democracy has come under increased scrutiny. But the very quality that most vexes its critics comes with an underrecognized upside.

woman displaying graph
October 2, 2023

Is Chinese Youth Unemployment as Bad as It Looks?

China’s exceptional growth in recent decades has influenced the education and career choices of young people and their families. But now that high-skilled jobs are drying up and recent graduates are struggling to find work, there is a growing mismatch between expectations and new realities.

two political candidates back to back at podiums. one saying Justice the other saying honor.
September 28, 2023

It’s Election Season. Here Comes the Morally Charged Language.

In the U.S., presidential candidates across the political spectrum lean on value-laden rhetoric—but emphasize different values.

long line of soldiers marching single file through a field
September 1, 2023

Why Do Long Wars Happen?

War is a highly inefficient way of dividing contested resources—yet conflicts endure when there are powerful incentives to feign strength.

group of young people in a cafeteria, with two of the people as TikTok screens.
August 16, 2023

Social-Media Algorithms Have Hijacked “Social Learning”

We make sense of the world by observing and mimicking others, but digital platforms throw that process into turmoil. Can anything be done?

autocrat leaning over battle map surrounded by yes-men.
August 10, 2023

How Autocracies Unravel

Over time, leaders grow more repressive and cling to yes-men—a cycle that’s playing out today in Putin’s Russia.

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