The latest
Line of Inquiry: Michael Weber on how central banks should communicate
Forward guidance only works if the public gets the message and acts upon it—and research suggests many people simply don’t.
States are already paying for unfunded pensions
Large, unfunded state pension liabilities are a costly problem—and the cost is already reflected in current bond prices.
Trade now a top source of policy uncertainty
Trade has helped drive global policy–related uncertainty to new highs.
Capitalisn’t: Optimizing our health-care system
On this episode of the Capitalisn’t podcast, hosts Kate Waldock and Luigi Zingales delve into the economics of the health-care debate.
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.