Topic: Economics
Bank Holding Companies Meet Higher Capital Requirements By Weakening Their Nonbank Subsidiaries
Rather than sell stock, they shift capital from other units to banks, satisfying the letter of the law, if not its spirit
Founding a Substantial Business Builds Wealth, But Those Who Aren’t Born Well-to-Do Seldom Attempt It
The few born into poor families who own an incorporated business see wealth gains similar to entrepreneurs from privileged backgrounds
Why Aren’t More Drugs Already on the Market Repurposed for Other Diseases?
Structuring incentives — extended patent protection, expedited approval — turns out to be remarkably difficult
Providing Paid Parental Leave Typically Costs Employers Less Than Replacing Workers Who Quit
Custom database tracks movement of 5.3 million workers, reveals unappreciated economics of little-offered benefit
Grocery Delivery: Beyond a Gratuity, What Motivates a Gig Driver?
You as a customer can control two factors — time of day and whether you insist on personally accepting the goods — but not the third, route density
How French Governance Changed the Economic Trajectory of Vietnam’s Southern Region
Cultural shift under direct French rule appears to still drive today’s higher wages and consumption
In Hollywood, Teams Don’t Stick Together Long Enough to Learn From Failure
Success results from assembling a crew with a record of success; flop experience begets a flop
LA’s Mansion Tax, Intended to Aid Affordable Housing, May Have Backfired
City’s home-construction permits fall, while surrounding suburbs’ development expanded
Unintentionally, EU Data Protections Impede Development of New Medicines
That’s bad for patients, who’re the citizens the privacy law means to help
How Our Collective Struggle With Self-Control Shapes Stock Prices
Overspending rises in times of stress and that affects investment decisions
Discontinued Car Models, Often Sold to Lower-Income People, Carry a Magnified Risk of Collateral Shortfall
After the repo: Borrowers’ post-default payments account for 27% of lender recoveries
Exploiting Regulatory Loophole Speeds Cancer Drug Development
Pharma companies seek OK for limited use, then expand sales through off-label prescribing, saving millions
Streaming Platforms’ Exclusive Grip on Shows Is One of Modern Life’s Great Annoyances, But Things Could Be Worse
Absent these deals, smaller studios and streamers would suffer, TV might be less entertaining — and costlier
How Quantitative Easing Changed the Bond Market
Investors’ future expectations about QE policy lowered long-term yields, made investors feel safer holding the bonds
We Think Illegal Products Are More Effective
Because they’re harder to get, we assume they’re more potent — and thus preferable over legal ones.
How an Accounting Change Hit Store Prices
Consumer goods got costlier as manufacturers moved to avoid new revenue recognition rules