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Drug innovation at a pharmaceutical company
September 2, 2020

Pharma Companies Argue That Lower Drug Prices Would Mean Fewer Breakthrough Drugs. Is That True?

Probably not, a new study suggests—as long as the price decreases are modest.

A group of nations' flags as credit cards
September 2, 2020

How Credit Ratings Are Shaping Governments’ Responses to Covid-19

To fund pandemic-related spending, governments around the world will need to take on more debt. If they can.

New evidence examines how desegregation in Louisville shifted white voters' political views in the long term.
September 1, 2020

How Did School Desegregation Shape the Political Ideology of White Students Later in Life?

A new study suggests that, more than four decades later, the impact of these policies on political leanings is apparent.

A municipality grows within a piggy bank.
July 20, 2020

A Look Inside Chicago’s Economic Recovery Plan

Attracting HQ2s. Expanding mental-health care. A member of the COVID-19 Recovery Task Force explains how the city can emerge both stronger and more equitable.

Workers in less work-from-home-friendly sectors suffered greater economic consequences of COVID-19.
June 24, 2020

Why the Next Round of COVID-19 Aid Should Target Industries That Can’t Work from Home

A new study pinpoints which sectors—and which workers in those sectors—suffered the most. Congress should take note.

Workers stack companies with a forklift.
June 16, 2020

How Is the Pandemic Affecting Antitrust Enforcement?

Deals will be ramping up again soon. Companies shouldn’t expect a free pass from regulators.

“Smart containment” offers better health and economic outcomes than quarantines alone.
May 27, 2020

The Wrong Way to Ramp Up COVID-19 Testing

Robust testing is key to safely reopening the economy. But a new model shows that if testing is not paired with “smart containment,” it could backfire.

A male scientist's lab is better funded than a female scientist's lab.
May 8, 2020

The U.S. Is Full of Innovative Thinkers. The Government Needs to Marshal All of Them to Fight Covid-19.

Here’s how we can accelerate efforts to reduce the spread, develop treatments, and find a vaccine.

American Capitol Building wearing mask
May 7, 2020

What Can the Federal Government Do to Get the Economy Back on Track?

A former White House economist weighs the pros and cons of job-retraining programs, aid for states, and universal basic income.

A home made of dollar bills blows away
May 5, 2020

Here’s How Americans Are Spending Their Stimulus Checks

Real-time data pinpoints what we’re buying, and who’s spending the fastest.

woman and dog look out at closed businesses
March 26, 2020

Containing COVID-19 Will Devastate the Economy. Here’s the Economic Case for Why It’s Still Our Best Option.

The death toll from failing to contain the virus will be far more costly to society.

Did the permanent income hypothesis hold up during the government shutdown?
March 25, 2020

How to Shore Up State and Local Budgets during a Coronavirus Recession

State governments are responsible for implementing much of the social safety net. They’ll be looking to the federal government for extra help.

How immigration affects the economy depends on taxation and worker skills.
March 2, 2020

When Do Open Borders Make Economic Sense?

A new study provides a window into the logic behind various immigration policies.

A counter terrorism team predicts terrorist group lethality.
November 4, 2019

Dozens of New Terrorist Organizations Emerge Each Year. Which Ones Will Become Most Dangerous?

A new tool gets at the answer using the same techniques that investors use to evaluate startups.

Researchers examine why prescription drug prices and labor costs are lower in Canada than the U.S.
October 4, 2019

Would "Medicare for All" Really Reduce Healthcare Costs in the U.S.?

Single payer drives significant savings in countries like Canada. But new research suggests it might play out differently in the U.S.

CEO listens to stakeholders including customers, employees, and the community.
September 19, 2019

Is Maximizing Shareholder Value a Thing of the Past?

Top CEOs recently “redefined” the purpose of a corporation. Kellogg faculty weigh in.

Federal interrogator grills smartphone.
August 19, 2019

Why Antitrust Regulators Don’t Scare Big Tech

A business law expert explains why the market is more likely than the government to rein in Apple, Amazon, Facebook, and Google.

An H1-B Visa holder applies for a job
August 14, 2019

The Business Case for Comprehensive Immigration Reform

Two economists propose a bipartisan immigration overhaul, with an eye towards the future of the labor force.

Donald Trump speaks to a crowd.
August 13, 2019

When People Think Their Neighbors Support Trump, They’re More Likely to Express Anti-immigrant Views

Social norms are powerful—but fluid. A study of the 2016 election shows how they can change.

China's expanded monetary policy after the Great Recession helped support less productive companies.
August 1, 2019

China Weathered the Global Recession with an Aggressive Stimulus Package. But Did It Prop Up the Wrong Firms?

A cautionary tale about the unintended consequences of credit expansion.

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