fortune teller's hands

Why Economists Make Terrible Fortunetellers

Even the (presumably rational) economists of the world love to try to predict the future. They often get it wrong, suggesting that all the rational data in the world is rendered useless by the irrationality of human behavior.
supermarket illustration

Sex and the Supermarket

Supermarkets represented a major innovation in food distribution—a gendered innovation that encouraged women to find sexual pleasure in subordination.
Personal trainer leveling a weight for a lifting client

Why People Want to Be Fitness Instructors

Being a fitness instructor isn’t a very highly-paid job, but, researchers found that the job provides other rewards for the people who love it.
Monopoly board with dice

The Different Meanings of Monopoly

Monopoly's real inventor was Lizzie Magie, a progressive Georgist, who believed that land should be collectively owned by all.
Monks in cloisters

When People Thought Charitable Donations Would Save Their Souls

As the Middle Ages progressed, monasteries became a major engine of economic activity in European communities.
Womens Home Companion ad

An Ad Campaign for Ads

Back in the 1920s and ‘30s, the magazine Women’s Home Companion tried explicitly appealing to its readers to take the ads seriously.
Wooden retro radio

Before Net Neutrality, There Was Radio Regulation

Before today's fight over net neutrality, the US government debated commercial profitability & popular access in the context of a different medium: radio.
60s exchange floor

Are Free Markets Fictional?

Back in the 1940s, when America's post-war economic system was taking shape, many popular economists agreed that “free markets” were a fiction.
green semi truck

The Populist Power of the American Trucker

How did truckers nudge the American economy toward deregulation?
Elizabeth Warren

Elizabeth Warren

An early paper by Elizabeth Warren argues for a Financial Product Safety Commission that would regulate financial products.