Policy & the Economy
![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
![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 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
![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
![two factories in the heat, with the smaller one melting](/imager/clientcontent/372476/Full_1023_heat_manufacturing_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/372476/Full_1023_heat_manufacturing_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/372476/Full_1023_heat_manufacturing_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Jacopo Ponticelli, Qiping Xu and Stefan Zeume
![](/imager/clientcontent/8089/prize_saving_rev_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8089/prize_saving_rev_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8089/prize_saving_rev_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Paul Gertler, Sean Higgins, Aisling Scott and Enrique Seira
![three people in line at a pharmacy with the same prescription and different priced receipts](/imager/clientcontent/372529/Full_1023_Drug_Pricing_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/372529/Full_1023_Drug_Pricing_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/372529/Full_1023_Drug_Pricing_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.”
Amanda Starc
![smartphone on witness stand being questioned by lawyer while judge watches.](/imager/clientcontent/373449/Full_1023_google_antitrust_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/373449/Full_1023_google_antitrust_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/373449/Full_1023_google_antitrust_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Mark McCareins
![long line of soldiers marching single file through a field](/imager/clientcontent/367331/Full_0923_long_war_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/367331/Full_0923_long_war_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/367331/Full_0923_long_war_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Sandeep Baliga and Tomas Sjöström
![group of young people in a cafeteria, with two of the people as TikTok screens.](/imager/clientcontent/367132/Full_0823_social-learning_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/367132/Full_0823_social-learning_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/367132/Full_0823_social-learning_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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?
William Brady, Joshua Conrad Jackson, Björn Lindström and M.J. Crockett
![autocrat leaning over battle map surrounded by yes-men.](/imager/clientcontent/361440/Full_0723_autocracy_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/361440/Full_0723_autocracy_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/361440/Full_0723_autocracy_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
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.
Georgy Egorov and Konstantin Sonin
![person in chair reading electronic tablet while octopus tentacles reach out](/imager/clientcontent/364080/Full_0823_Data_Security_still_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/364080/Full_0823_Data_Security_still_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/364080/Full_0823_Data_Security_still_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
August 1, 2023
How Data Tracking Is Changing—and What That Means for You
Tech companies are phasing out cookies. Will consumers finally see meaningful privacy protections?
Guy Aridor
![woman holding globe and flat earth](/imager/clientcontent/359912/Full_0723_misinformation_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/359912/Full_0723_misinformation_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/359912/Full_0723_misinformation_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
July 1, 2023
How to Prepare for AI-Generated Misinformation
“We have to be careful not to get distracted by sci-fi issues and focus on concrete risks that are the most pressing.”
William Brady
![golfer waits while official sews banners for PGA and LIV Golf together](/imager/clientcontent/360692/Full_0723_PGA_LIV_golf_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/360692/Full_0723_PGA_LIV_golf_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/360692/Full_0723_PGA_LIV_golf_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
July 1, 2023
Will the PGA–LIV Golf Merger Pass the Antitrust Test?
“Statements that LIV has made about breaking up the monopoly of the PGA may come back to haunt them.”
Mark McCareins
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The Insightful Leader
July 22, 2024 · 49:33 minutes
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