Tariffs tend to increase prices for consumers and provoke retaliation from trading partners. Yet such protectionist taxes remain popular enough with some US voters that President Donald Trump was able ...

When President Donald Trump unveiled his sweeping “Liberation Day” tariffs last April, pundits on both sides of the aisle responded by describing the likely effects in superlatives. In a White House ...

Generative artificial intelligence has set off a tremendous amount of excitement, speculation, and anxiety thanks to its ability to convincingly mimic human work, including human writing. Although a ...

A conceptual artwork titled “Comedian” sold at auction last November for just over $6 million. The piece consisted of a banana duct-taped to the wall, along with installation instructions and a ...

It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...

Buying a house used to be a rite of passage for middle-class Americans, but in recent decades, would-be homeowners have found themselves priced out of the market. The affordability crisis has become ...

Thirty years ago, job seekers paged through newspaper ads, made cold calls, or approached strangers at corporate networking events. Today, online applications and social networking platforms like ...

A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...

The revolution that’s been happening in financial services is right in your pocket: the phone that you pull out when the check arrives after a restaurant dinner with friends. Until relatively recently ...

Accounting for the costs of climate change is an increasing focus globally. In 2024, the United States alone had 27 “confirmed weather/climate disaster events with losses exceeding $1 billion each,” ...

Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at the heart of the work for which MIT’s Daron Acemoglu and Simon ...

Fostering high vaccination rates was one of the major public-policy challenges of the COVID-19 pandemic. Policymakers tried various strategies to encourage vaccination, including offering monetary ...