The latest
Why transporting oil by rail is popular, despite the cost
Rail transport has reduced demand for pipeline space, in spite of drawbacks.
Can we handle the next financial crisis?
Tharman Shanmugaratnam, Tim Geithner, and Lord Adair Turner on central banks’ responses to the 2007–10 financial crisis, current risks in the financial system, and countries’ preparedness for what comes next.
How cross subsidies hinder economic reforms
For a case study in economic inefficiency, look to the air ambulance industry.
Capitalisn’t: The Establishment
On this episode of the Capitalisn’t podcast—the first in a three-part series on antitrust law—hosts Kate Waldock and Luigi Zingales talk with antitrust expert Carl Shapiro.
Latest from the Magazine
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How to be happy without earning more
Abundance does not equate to happiness, according to research. Here’s how to convert wealth into satisfaction.
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The 300 secrets to high stock returns
Has the hunt for investable factors gone too far?
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Globalization is close to its ‘holy cow’ moment
Why we must rethink our outdated ideas about international trade
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Jane L. Risen says to fess up and skip the cover-up
Avoiding the risk of immediate failure can lower the odds of long-term success.
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Why the ‘dollars a day’ pitch works
Framing a cost as a series of small daily expenses makes an offer more tempting.
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Behavioral economics from nuts to ‘nudges’
A bowl of cashews led to a research breakthrough.