What Watergate revealed about presidential power in America
The scandal reflected two kinds of corruption.
The latest
Trump supporters say they’re optimistic—but they’re not spending
Election results create a partisan gap in economic sentiment, but it doesn't translate to spending.
Voters care about tight races, not just the issues
When poll data show a tightening race, more people cast votes.
Why are stock returns lower under Republicans?
The reason has to do with timing, economic cycles, and voters’ tolerance for risk.
Why senior civil servants quit when the White House changes hands
Presidential elections consistently increase turnover in the top ranks of the federal bureaucracy.
Latest from the Magazine
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Are you ready for personalized pricing?
Companies are figuring out what individual customers will pay—and charging accordingly.
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How poverty changes your mind-set
Understanding psychology may be key to addressing the problem
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Why hasn’t technology sped up productivity?
Slow productivity growth is costly. There’s cause for hope.
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Not all ‘pump and dump’ investors are gullible
Research explores who actually invests in pump-and-dump schemes
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Why it’s so hard to simplify the tax code
How complicated tax laws undermine efforts to create a fair, growing economy
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Are Google and Facebook monopolies?
Chicago Booth’s Luigi Zingales and George Mason University’s Tyler Cowen discuss the market power wielded by digital platforms, and how to promote competition