A posh young woman reclining on a deck chair with her hands behind her head

Luxury: Enemy of Virtue, or Economic Engine?

Today, economists tend to see anything that boosts consumption and production as a good thing. But that was decidedly not the case in earlier centuries.
Cairo street scene

Is it Smart To Cut Foreign Aid Because of Human Rights Abuses?

Recently, the US denied Egypt nearly $96 million in international aid, as chastisement for the country's abysmal human rights record.
Nogales Arizona Mexico

The Case for Open Borders

Is a world without borders an idea so crazy it just might work? Scholars weigh in on how open borders might solve the world's immigration problem.
New York skyline

The Real Reason Why NYC’s Skyscrapers Are Where They Are

Why does Manhattan have two business separate districts? Turns out that it's not because of the usual story about bedrock depth.
WPA mural masculinity

What Kind of Work is “Masculine”?

What's the fate of "masculinity" in a world where it’s hard for many men to achieve personal success? It's a question we asked in the 1930s, too.
Granger poster

What’s So Bad About A Monopoly?

Amazon’s acquisition of Whole Foods has drawn the ire of a new antitrust movement, which argues against the dangers of industry monopoly.
Barbed wire

How Barbed Wire Changed Farming Forever

On June 25, 1867, Lucien B. Smith of Ohio received the first patent for barbed wire. Within a few decades, barbed wire transformed the American West.
Young Egyptian protesters

Could Youth Unemployment in the Middle East Be Dangerous?

Nearly half the population in the Middle East is under 25 years old, and their unemployment rate hovers at a staggering 30%.
Citizenship ceremony

Should Citizenship Be For Sale?

Should you be able to buy your way to citizenship? Economic research reveals some merits behind the idea, but others see classism and discrimination.
Rosie the Riveter

How Conflict Boosts the Economy

Historically speaking, we are living in unusually peaceful times. But does peacetime mean bad things for the economy, which is often boosted by war?