The latest
Stop worrying about wealth inequality
Don’t focus on wealth; focus on consumption.
Do lotteries do more harm than good?
Economists weigh in on whether state-run lotteries improve social welfare on balance.
Ayelet Fishbach says a raise might not motivate you
Job seekers should remember that instrinsic motivation will matter as much to them tomorrow as it does today.
When an oil company comes knocking, hold an auction
Relative to private negotiations, auctions are associated with higher paying and more-productive leases.
Data Point
Latest from the Magazine
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Does America have an antitrust problem?
Markets are becoming more concentrated—and, arguably, less competitive.
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Secrets of wait loss
As life moves faster, everyone’s patience is wearing thin. Who gets to the head of the line quickest?
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Demand for niche products is growing
Marketers will have to cater to increasingly narrow tastes.
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How (in)accurate is machine learning?
Evaluating the performance of machine-learning tools isn't always easily done.
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A problem with hospital ratings—and how to fix it
A new model for rating and ranking hospital performance draws on a concept from portfolio management.
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Why the government shouldn’t intervene in strikes
Conflict produces generally desirable results for society.