The Latest
Municipal Pension Crisis Made Worse by Democrats in Close Elections
Sixty years of data suggest retirement obligations rise after Democrats scrape into office
Do Body Cams Give Police an Unintended Break?
Video from officer-worn cameras is judged less negatively than footage captured on dashboard cameras
How Will You Spend Your IPO Windfall?
“Uh, I already bought a house”: Tech workers spend ahead of actual stock sales
The Case for Building Wiggle Room into Goals
Aiming high, with some flexibility to trip up along the way, spurs greater success
Free Shipping: Our Preference to Spend on Ultimate Goals vs. Preliminary Steps
Prerequisites are valued poorly in a series of six experiments
An Early Episode of How Corporate Profits Shaped Labor Markets
Caribbean plantation owners, faced with slavery’s end, enacted legal barriers to employment elsewhere
Is Anyone Happy about the College Textbook Market?
Buyers find the tomes heavy, costly and too frequently revised, while sellers might like to kill the used book market entirely
A Tool for Finding Mispriced Stocks
Less sophisticated investors reveal their sentiment in certain trades, and a 20-year study measures it company by company
Parents Who Favor Boys Raise Girls Who Score Lower in Math
A clue that parents prefer a son: They have more kids when their firstborn is a girl
A ‘Safer’ Treasury Bond
The government’s floating rate notes feature an added measure of security: higher interest earnings in times of rising rates
94% of China’s Pollution Inspections Find No Violation
Researchers offer a model for more effectively targeting wrongdoers
Creative People Really Do Think Differently
Employing a distinct part of the brain, they’re better at imagining a distant future and seeing others’ points of view
Do Private Prisons Lead to Higher Incarceration Rates?
Researchers take on the difficult job of isolating for-profit prisons from a host of other factors
The Malleability of Who Falls for Conspiracy Theories
It’s not just sheep — even go-getters can be susceptible when they feel less in control
Online Reviews Sway Experiential Purchases Less Than Those of Material Products
Reviews that explicitly talk about objective quality assessments are well received
Some Corporate Mergers Hold Down Future Wages
Fewer employers = less competition for workers = smaller paychecks