Policy & the Economy
![person reaching through a computer screen to peel the face off of a politician in a deepfake advertisement](/imager/clientcontent/409002/Full_0624_deepfakes_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/409002/Full_0624_deepfakes_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/409002/Full_0624_deepfakes_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
July 1, 2024
How to Spot Political Deepfakes
AI literacy—and a healthy dose of human intuition—can take us pretty far.
Matthew Groh
![a USA flag morphing into an Italy flag](/imager/clientcontent/413853/Full_0624_USAITALY-Flag_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/413853/Full_0624_USAITALY-Flag_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/413853/Full_0624_USAITALY-Flag_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
June 17, 2024
Will America’s Economy Soon Look Like … Italy’s?
Why one Kellogg economist is worried that the U.S. is headed toward a low-growth future.
Nicola Persico
![river flowing through ziggurats](/imager/clientcontent/411564/Full_0624_rivers_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/411564/Full_0624_rivers_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/411564/Full_0624_rivers_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
June 3, 2024
Why Did Early Governments Emerge?
Was it about cooperation—or exploitation? A new study turns to archeology for answers.
Robert C. Allen, Mattia C. Bertazzini and Leander Heldring
![The rotating door of poaching employees can have its benefits](/imager/clientcontent/8076/poaching_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8076/poaching_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8076/poaching_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
May 17, 2024
Could This Be the End of Noncompetes?
The FTC’s proposed rule is hardly a done deal—but here’s what it could mean for companies and workers.
Thomas N. Hubbard and Mark McCareins
![person attending psychedelic therapy session](/imager/clientcontent/401128/Full_0424_psychedelic_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/401128/Full_0424_psychedelic_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/401128/Full_0424_psychedelic_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 19, 2024
Psychedelic-Assisted Therapy Is Going Mainstream. How Will the Industry Grow Around It?
While significant barriers remain—including regulatory uncertainty and the difficulty of scaling a labor-intensive treatment method—industry leaders see a path forward.
David Schonthal, Michael Cotton, David Esselman and Ryan Reid
![](/imager/clientcontent/298104/Full_0222_BreakoutStars04_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/298104/Full_0222_BreakoutStars04_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/298104/Full_0222_BreakoutStars04_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 12, 2024
Humanizing the U.S.–China Relationship
Escalating tensions between U.S. and Chinese governments make preserving in-person interactions between ordinary Chinese and Americans even more important.
Nancy Qian
![Shadow of judges over tennis court](/imager/clientcontent/392817/FULL_0324_hawkeye_still_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/392817/FULL_0324_hawkeye_still_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/392817/FULL_0324_hawkeye_still_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 1, 2024
AI Has Entered the Court. Is This Changing Umpires’ Calls?
The Hawk-Eye review system in professional tennis has made umpires more accurate in many cases—but not all.
David Almog, Romain Gauriot, Lionel Page and Daniel Martin
![Immigrants spread across America](/imager/clientcontent/35507/emmigration_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/35507/emmigration_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/35507/emmigration_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 26, 2024
The Truth about U.S. Immigration
It is possible both to maximize the benefits of immigration and still maintain border security and support workers in sectors that immigrants may enter.
Nancy Qian
![robot greeting new employees at an office](/imager/clientcontent/392402/Full_0324_robot_orientation_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/392402/Full_0324_robot_orientation_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/392402/Full_0324_robot_orientation_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 5, 2024
When New Technology Arrives, Who Wins and Who Loses?
For tools that assist but don’t replace workers, novices benefit, while experienced employees take a hit.
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Bryan Seegmiller
![online users reading extreme content in vortex](/imager/clientcontent/234373/Social-media-and-xenophobia_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/234373/Social-media-and-xenophobia_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/234373/Social-media-and-xenophobia_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 1, 2024
How Trolls Poison Political Discussions for Everyone Else
Online political debate isn’t inherently toxic, a new study of Reddit commenters finds. Instead, it becomes toxic because of the kind of commenters who opt in.
Michalis Mamakos and Eli J. Finkel
![Car at ribbon cutting for road opening](/imager/clientcontent/392265/Full_0324_infrastructure_auctions_still_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/392265/Full_0324_infrastructure_auctions_still_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/392265/Full_0324_infrastructure_auctions_still_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 1, 2024
How to Award Contracts When You’re Concerned about Quality
You want a good price, but you don’t want lousy workmanship. What’s a buyer to do?
Giuseppe Lopomo, Nicola Persico and Alessandro T. Villa
![A customer uses a prescription drug copay coupon.](/imager/clientcontent/36185/drug-coupons_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/36185/drug-coupons_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/36185/drug-coupons_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 1, 2024
Video: Understanding America’s Prescription Drug Market
A healthcare economist answers questions about pharmaceutical innovation, costs, and more.
Amanda Starc
![robot being fenced in by humans](/imager/clientcontent/392795/Full_0224_AI_do_dont_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/392795/Full_0224_AI_do_dont_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/392795/Full_0224_AI_do_dont_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
João Guerreiro, Sergio Rebelo and Pedro Teles
![two lawyer stand in an MMA octagon](/imager/clientcontent/389623/FULL_0224_UFC_MMA_Antitrust_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/389623/FULL_0224_UFC_MMA_Antitrust_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/389623/FULL_0224_UFC_MMA_Antitrust_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Mark McCareins
![Dermatologist and robot look at patient's head](/imager/clientcontent/372530/Full_1023_AI_dermatology_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/372530/Full_1023_AI_dermatology_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/372530/Full_1023_AI_dermatology_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Matthew Groh, Omar Badri, Roxana Daneshjou, Arash Koochek, Caleb Harris, Luis R. Soenksen and Rosalind Picard
![Gilded age bureaucrat holding items on his desk as train passes outside window](/imager/clientcontent/379824/FULL_1223_bureaucracy_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/379824/FULL_1223_bureaucracy_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/379824/FULL_1223_bureaucracy_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Nicola Mastrorocco and Edoardo Teso
![Man sitting thinking](/imager/clientcontent/251673/Full_1220_Emotional_intelligence_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/251673/Full_1220_Emotional_intelligence_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/251673/Full_1220_Emotional_intelligence_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Nancy Qian
![people walking through a lively urban shopping district](/imager/clientcontent/379823/Full_1223_sustainable_development_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/379823/Full_1223_sustainable_development_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/379823/Full_1223_sustainable_development_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.”
William Towns
![apartment building with national flags displayed](/imager/clientcontent/381291/Full-0124-cities_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/381291/Full-0124-cities_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/381291/Full-0124-cities_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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?
João Guerreiro, Sergio Rebelo and Pedro Teles
![figure under streetlight](/imager/clientcontent/381617/Full-1223-Over-the-Counter_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/381617/Full-1223-Over-the-Counter_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/381617/Full-1223-Over-the-Counter_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Markus Baldauf and Joshua Mollner
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