The latest
How powerful is financial inclusion?
The story of the Freedman’s Bank suggests that fighting for trustworthy bank access can improve outcomes but isn’t enough to close the racial wealth gap.
You can’t time the private-equity market
The decision-making authority of fund managers makes timing strategies difficult to execute.
A 150-year-old bank failure may still be haunting Black communities
The failure of the Freedman’s Bank may have had long-lasting repercussions for attitudes toward banking.
The value-stock premium is shrinking
Chicago Booth’s Eugene F. Fama revisits an influential finding of factor investing.
Latest from the Magazine
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You should run more experiments
Testing assumptions in the field can avoid costly errors in decision-making.
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More people will buy insurance if you reframe the odds
Viewing the cumulative probability of an event over a longer time span can motivate people to take action.
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How South Korea limited COVID-19 deaths and economic damage
Research analyzes the policy trade-off between public health, economic well-being, and privacy.
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Anuj K. Shah says we’re criminalizing the effects of poverty
The mental strain of poverty increases the risk of making costly mistakes.
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Do both brands benefit from co-branding?
The effects of co-branding are unevenly distributed and difficult to predict.
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Fox News causes viewers to disregard social distancing
Research examines the role of the media in determining how much credence people give to expert advice.