Economics

Americans Just Don't Want to Buy Things With Their iPhones
Here's how Silicon Valley plans to change their minds
May 11, 2014

Shoppers in other countries love paying with their smartphones, but not Americans. Here's how Silicon Valley plans to change that. 

Thomas Piketty Is Pulling Your Leg
He clearly read Karl Marx. But don't call him a Marxist.
May 06, 2014

It's clear from his book. But that doesn't make him a Marxist

Why Doesn't the Big New Government Report Tell Us How Much Climate Change Will Hurt the Economy?
May 06, 2014

If researchers can convince Republicans that climate change is hurting their wallets, then maybe these holdouts will finally come around.

Eric Cantor: I'm Fine With Deficit-Raising Tax Cuts, But Not Unemployment Insurance
May 06, 2014

The House majority leader's stance is the height of hypocrisy.

We've Made Huge Progress on the Long-Term Debt
May 06, 2014

It may have hurt the economy, but long-term debt projections are way down.

No Risk, No Reward: Seattle Should Approve a $15 Minimum Wage
May 06, 2014

What happens when you severely increase the minimum wage? We won’t know unless we try.

Thomas Piketty: I Don't Care for Marx
An interview with the left's rock star economist
May 05, 2014

The French economist is a rock star of the left thanks to a book called Capital. But in an interview, he shrugs off Das Kapital.

Republicans Still Don't Have a Jobs Plan, but Americans Think They Do
May 05, 2014

Americans are planning to reward Republicans in November—even though they have still not offered a credible jobs plan

Gary Becker Helped Invent the Economics of Everything
May 05, 2014

He transformed a discipline that had been tied to traditional topics, like business cycles, international trade, and money supply, into an intellectual field without boundaries.

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