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Business & Economics
Why Equality Matters More Than Income
Looking at children’s wellbeing in rich countries like the U.S. in 2007, scholars found that inequality may matter a lot more for kids’ lives than absolute income level.
Stocks Hate Inflation–Here’s Why
While many blame the threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Why Are Diamonds More Expensive Than Water?
Water is simultaneously one of the few things we absolutely cannot live without, and one of the things we value least. There's an economic rationale behind that.
The Cautionary Tale of India’s Private Hospitals
In 1985, a writer in Economic and Political Weekly saw the beginning of private hospitals in India and warned of the dangers of their mismanagement.
The Feminist Evolution of the Iowa Porkettes
In Iowa, between 1964 and 1991, groups of women—the wives of pork farmers—boosted the supposed benefits of pork-heavy diets. They were the Iowa Porkettes.
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.
Sex and the Supermarket
Supermarkets represented a major innovation in food distribution—a gendered innovation that encouraged women to find sexual pleasure in subordination.
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.
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.
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.