Even when there’s an easy-to-access better alternative, some prefer their rut
Andrea Eisfeldt finds that hedge funds with infrastructure to execute sophisticated arbitrage crowd out less-expert investors
Establishment media coalesces around a lone narrative, but online chatter hops between storylines, sometimes shocking traders
It’s not just sheep — even go-getters can be susceptible when they feel less in control
Team size and how staffer productivity varies are crucial considerations
Also: A bot lets young adults text with their 60-year-old selves; when nonprofits should let volunteers call dibs on tasks; and how hard times affect political beliefs and preferences
Europeans brought an appreciation of social welfare programs that still resonates
Ad agencies’ 15% fee lasted 100 years longer than it might have
Also: De-macho-ing job ads alters the applicant pool; old bank learning new tricks
Restraining lenders saved hundreds of billions in home value
Contrary to assumptions, low-wage workers lose substantial income in years after layoff
Consciously imagining our older self can spur us to take better care of ourselves now
A strong currency makes U.S. exports harder to sell, even outside of China
Pharmacies aren’t everywhere — adding dollar stores could reduce average distance to vaccination by 62%
Adding a car breathalyzer to existing penalties could substantially discourage drunken driving
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting