Economic Way of Thinking

Two new CDC studies published Thursday found life expectancy fell to 76.4 years in 2021, the lowest recorded since 1996 -- mostly due to COVID and drug overdose deaths.

Make space for what matters

The pandemic has exacerbated an already short supply of specially-bred canines that detect explosives

Calling a store associate… to unlock the fancy razors in the glass case. Yesterday, Walmart CEO Doug McMillon said rising theft could lead to...

The Father of Economics placed much more faith in people and markets than in kings and edicts.

Some people argue that natural disasters and other acts of destruction create wealth and employment as we repair the damage they’ve caused. Professor Dan Ru...

Daylight Saving Time was intended to improve electricity usage, but those benefits have become suspect. The unintended consequences, however, of such a policy have continued to grow over the years.

‘One size fits all’ guidance could lead to 20m litres of drinking water being wasted each day in UK, scientists say

Lessons in the rational appraisal of danger may be the secret to a happier, healthier life – and they can be mastered through a few simple steps.

The number of weeks schools remained remote played a role in the amount of learning loss district-to-district

These life satisfaction scores might make you want to rethink life.

Every company strives to be innovative, but most are missing key ingredients. How can you identify which ingredients your organization needs — and which employee styles can fill in the gaps? The authors’ research distills four key innovation styles that can lead to success — generators, conceptualizers, optimizers, and implementors — and explains how common they are across sectors. Then, they outline a four-part framework for ensuring your team or organization has all four styles represented.

The productivity plunge is perplexing, because productivity took off to levels not seen in decades when the pandemic forced the switch to remote work. But that growth spurt was short-lived, even as companies shifted to hybrid models, in part because employees argued that the flexibility helped them work more efficiently.

Virgin Australia wants to turn the dreaded middle seat into the "most fun and wonderful."

Subsidies are often a policy go-to for governments wanting to encourage more climate-friendly behaviours. But they should be used with caution.

The COVID-19 pandemic has dramatically changed the way Americans spend their time. One of the most enduring shifts has occurred in the workplace, with millions of employees making the switch to work from home. Even as the pandemic has waned, more than 15 percent of full-time employees remain fully remote and an additional 30 percent work in hybrid arrangements (Barrero, Bloom, and Davis). These changes have substantially reduced time spent commuting to work; in the aggregate, Americans now spend 60 million fewer hours traveling to work each day. In this post, we investigate how people spend this saved time on other activities. Using detailed data from the American Time Use Survey (ATUS), we find that employed individuals allocate their saved commute time toward leisure activities and sleeping, while reducing overall work hours.

Polaroid was founded over 75 years ago in 1937, since then, the brand has been running at an intersection of technology, innovation, art, and photography.

Workers around the U.S. attend an average of nearly 18 meetings a week. They say nearly a third are skippable.

A Queensland resident who stumbled upon the scene said there were ‘tonnes and tonnes and tonnes of avocados going to waste’.

The COVID-19 pandemic has dramatically changed the way Americans spend their time. One of the most enduring shifts has occurred in the workplace, with millions of employees making the switch to work from home. Even as the pandemic has waned, more than 15 percent of full-time employees remain fully remote and an additional 30 percent work in hybrid arrangements (Barrero, Bloom, and Davis). These changes have substantially reduced time spent commuting to work; in the aggregate, Americans now spend 60 million fewer hours traveling to work each day. In this post, we investigate how people spend this saved time on other activities. Using detailed data from the American Time Use Survey (ATUS), we find that employed individuals allocate their saved commute time toward leisure activities and sleeping, while reducing overall work hours.

Married or single, we've all heard it. "You could buy a house for the price of that wedding!" But have you ever stopped to think, what if you actually did?SU...

The huge gap between rising incomes at the top and stagnating pay for the rest of us shows that workers are no longer benefiting from their rising productivity. Before 1979, worker pay and productivity grew in tandem. But since 1979, productivity has grown eight times faster than typical worker pay (hourly compensation of production/nonsupervisory workers).

Printer Ink

Wharton’s Katy Milkman shares the lessons learned from last year’s Philly Vax Sweepstakes, a Penn-funded project designed to evaluate ways of increasing COVID-19 vaccines in the city.…Read More

Adam Smith is known as the ‘Father of Economics’ but concepts Adam Smith elaborated on the Wealth of Nations may have come before him...

Our population will soon reach a new milestone—8 billion. These visualizations show where all those people are distributed around the world

Hint: water scarcity in the Western US has more to do with our diets than our lawns.Subscribe and turn on notifications 🔔 so you don't miss any videos: htt...