Policy & the Economy
September 1, 2024
Why Do Prices Rise Like Rockets … but Fall Like Feathers?
Behavioral psychology sheds light on a longstanding economic puzzle.
Sergio Rebelo, Pedro Teles and Miguel Santana
August 26, 2024
People Want to Know Sustainable Policies Can Work. So Show Them.
Success stories about policies from other countries make people more likely to support similar policies in the U.S., new research finds.
Matejas Mackin, Trevor Spelman and Adam Waytz
August 12, 2024
Would Trump Escalate the U.S.–China Trade War?
If former U.S. President Donald Trump returns to the White House, he would likely impose sweeping tariffs against China. His policy agenda would harm lower-income households the most.
Nancy Qian
August 8, 2024
5 Trends in a Volatile Global Economy
“We live in an interesting world, one with much upside as well as significant downside.”
Sergio Rebelo
July 30, 2024
Take 5: Work Is Changing. What Does the Future Hold?
Remote work, technology, and climate change are all set to transform the labor market. Here’s how.
Dimitris Papanikolaou, Bryan Seegmiller, Hyejin Youn, Sergio Rebelo, Jacopo Ponticelli, Hatim Rahman and and coauthors
July 1, 2024
How to Spot Political Deepfakes
AI literacy—and a healthy dose of human intuition—can take us pretty far.
Matthew Groh
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
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
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
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
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
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
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
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
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
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
March 1, 2024
Video: Understanding America’s Prescription Drug Market
A healthcare economist answers questions about pharmaceutical innovation, costs, and more.
Amanda Starc
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
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
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
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