An illustration of the continent of Africa slowly being drained of oil

Is the “Resource Curse” a Myth?

Countries like Liberia and Chad have a lot of oil, and yet little of their wealth has translated into public welfare. Some blame the "resource curse."
Digital illustration of connected cities

Do Sister Cities Matter?

Sister cities may seem like mere symbolic pairings, but many actually share meaningful ties that are deliberately instituted and sustained.
solar city

Ecological Economics: An Oxymoron?

Mainstream economics has largely neglected to integrate ecological systems into its models. But the two disciplines don't have to be diametrically opposed.
Atlantic City casinos

Atlantic City’s Grand Casino Bust

Nearly every American is now within a few hours’ drive of a casino. But critics note that casino gambling has not delivered on its economic promises.
Powerball Lottery Ticket

Who Buys Lottery Tickets?

Buying lottery tickets is a desperate measure when you are poor.

Nineteenth-Century Rappers, Corn Laws, and the Rise of Free Trade

The strange intersection of corn laws, rap, poetry, and free trade.
Marijuana plant

Is Marijuana Good for Public Health?

What if the rise in marijuana smoking prompted by legalization brings more than just tolerable negative side effects? What if it is actually good for public health?
Guest check with cash in cafe

Economists Investigate Why We Tip

The economic research behind the history of tipping