Policy & the Economy

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 R. 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 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

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.
R. Mark McCareins

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

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

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

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

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

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.
R. Mark McCareins

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

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

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

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

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.”
R. Mark McCareins

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
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