Why consumers make bad decisions—and how policy makers can help
Smart financial decisions may seem straightforward. But, as the United States’ $14.5 trillion in household debt attests, such decisions can be tough for consumers.
Insider information can mislead start-up investors
Research suggests that what you know is at least as important as who you know.
Want more policies based on evidence?
Medicine teaches us it will take time, effort, and investment.
Fiscal policy has put the US on an earthquake fault of debt
The US is not on the brink of a debt crisis—but it’s blundering toward one.
Stricter banking supervision boosted lending
Research finds positive outcomes from a recent banking reform, including for banks that were already healthy.