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News Articles: Newsletter

Academy of Sciences permanent secretary Hans Ellegren (C), Jakob Svensson (L) and Jan Teorell of the Nobel Assembly sit in front of a screen displaying the laureates (L-R) Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson of the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel during the announcement by the Royal Swedish Academy of Sciences in Stockholm, Sweden on October 14, 2024. (Photo by Christine Olsson/TT / TT NEWS AGENCY / AFP) / Sweden…

Tagged as: 

  • Economy

A Nobel prize for an explanation of why nations fail

A trio of economists just won a Nobel prize for their insights into how democratic and other inclusive institutions are critical for a nation’s prosperity.

October 15, 2024
|
By:
  • Greg Rosalsky
A new study finds that Americans have adopted generative AI faster than personal computers and the internet. Does this mean we're about to see a long-awaited increase in productivity growth?

Tagged as: 

  • Technology

Americans are using AI at fairly high rates. What does this mean for the economy?

A new study finds that Americans have adopted generative AI faster than personal computers and the internet. Does this mean we're about to see a long-awaited increase in productivity growth?

October 08, 2024
|
By:
  • Greg Rosalsky

Tagged as: 

  • Politics

Have economists gone out of fashion in Washington?

Once the high priests of policy, economists may now be seeing lower demand. But who's taking their place?

September 24, 2024
|
By:
  • Greg Rosalsky
A crowd surfer celebrates Taking Back Sunday’s performance during the second and final day of the Warped Tour music festival in Atlantic City, N.J., on June 30, 2019.

Tagged as: 

  • Economy

So many music festivals have been canceled this year. What's going on?

Music festivals are canceling their events like maybe never before. Call it the music festival recession.

September 17, 2024
|
By:
  • Greg Rosalsky

Tagged as: 

  • Economy

What can we learn from millions of high school yearbook photos?

Economists used AI to analyze millions of yearbook photos. They discovered ties are no longer cool…and also a new frontier for economic analysis.

September 03, 2024
|
By:
  • Sofia Shchukina

Tagged as: 

  • Economy

The White House plan to stop companies from wasting our time

The Biden-Harris administration has a new initiative called "Time Is Money."

August 20, 2024
|
By:
  • Greg Rosalsky
Democratic vice presidential candidate Minnesota Gov. Tim Walz speaks during a campaign rally with Democratic presidential candidate, U.S. Vice President Kamala Harris, at the Liacouras Center at Temple University on Aug. 6, 2024 in Philadelphia.

Tagged as: 

  • Politics

The Economic Mind of Tim Walz

A rundown on some of the Democratic VP candidate’s important economic policy decisions.

August 13, 2024
|
By:
  • Greg Rosalsky
A new study finds that Americans have adopted generative AI faster than personal computers and the internet. Does this mean we're about to see a long-awaited increase in productivity growth?

Tagged as: 

  • Technology

10 reasons why AI may be overrated

A list of reasons why generative AI may be overhyped.

August 06, 2024
|
By:
  • Greg Rosalsky
In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023, in Los Angeles. Ozempic was originally approved by the Food and Drug Administration to treat people with Type 2 diabetes, and it's now also used by many people to lose weight.

Tagged as: 

  • Economy

Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'?

Novo Nordisk is powering Denmark's economy with huge sales of Ozempic. But could its stratospheric growth pose a risk?

July 30, 2024
|
By:
  • Sofia Shchukina
Sen. JD Vance, R-Ohio, the Republican vice presidential candidate, speaks at a rally in Grand Rapids, Mich., on Saturday.

Tagged as: 

  • Economy

The economic mind of JD Vance

The Republican vice presidential candidate represents a sharp break from the Republicanism of yesteryear.

July 23, 2024
|
By:
  • Greg Rosalsky
Boxes of cereal are displayed on a shelf at a Target store in July 2022 in San Rafael, Calif. Manufacturers are using "shrinkflation" techniques as costs to produce goods increase. Some are making the packaging smaller but charging the same prices as they were prior to the reduction in size.

Tagged as: 

  • Economy

How to fight shrinkflation? Pay attention to unit prices at grocery stores

Companies have waged a quiet revolution in package sizing that they use to squeeze more money out of us. But there’s a weapon to help consumers level the playing field: unit prices.

July 09, 2024
|
By:
  • Greg Rosalsky
America is experiencing a sustained startup boom.

Tagged as: 

  • Economy

America's startup boom is still going strong. Here's what it means for the economy

Four years ago, Americans began creating new businesses at a record rate. The boom is still here, and it could be a great sign for the U.S. economy.

July 02, 2024
|
By:
  • Greg Rosalsky
 Lost in automation?

Tagged as: 

  • Economy

If AI is so good, why are there still so many jobs for translators?

Machine translation of foreign languages has been good for a while. And yet human translators are still in demand. Why isn’t AI killing these jobs? And even if it isn’t, how is it reshaping them?

June 18, 2024
|
By:
  • Greg Rosalsky
(LtoR) China's President Xi Jinping and India's Prime Minister Narendra Modi attend a session meeting during the 10th BRICS summit (acronym for the grouping of the world's leading emerging economies, namely Brazil, Russia, India, China and South Africa) on July 27, 2018 in Johannesburg, South Africa.

Tagged as: 

  • Economy

India lost the manufacturing race to China. Here's why it could still succeed

India “missed the bus” on manufacturing. A new book argues that India can nonetheless grow rich by leapfrogging to an economy dominated by high-skills services.

June 04, 2024
|
By:
  • Greg Rosalsky
Rapper Tupac Shakur performs at the Regal Theater in Chicago, Illinois in March 1994.

Tagged as: 

  • News

It was a classic rap beef. Then Drake revived Tupac with AI and Congress got involved

AI can conjure the voice or likeness of a dead celebrity with just a few clicks. This opens a host of legal questions about the rights of the deceased and their heirs to control their digital replicas

May 14, 2024
|
By:
  • Greg Rosalsky
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