During the height of the COVID pandemic, many people who couldn’t eat out at a restaurant—because of stay-at-home mandates or safety concerns—ordered in instead. The increase in orders for takeout or ...

The revolution that’s been happening in financial services is right in your pocket: the phone that you pull out when the check arrives after a restaurant dinner with friends. Until relatively recently ...

Monopsony The inverse of a monopoly, monopsony occurs when a market has a single buyer. Lack of competition from other buyers means the monopsonist can influence prices or other terms of exchange ...

Back in 2020, New York Times reporter Kashmir Hill wrote about an experiment she conducted for the news site Gizmodo the year before to see how hard it would be to disconnect from Big Tech—Amazon, ...

The long-term societal cost of greenhouse gas emissions exceeds the total market value of the corporate sector.

Try asking ChatGPT to diagnose why your cat has suddenly stopped eating the expensive canned food she loves right after you bought $100 worth of it. The chatbot might state five possible causes—but ...

Knowledge may be power, but information can also be overwhelming. Decision-makers often have access to so much potentially relevant data that they must choose what to ignore. Economists call this ...

How Quantitative Easing Actually Works A favored Fed tool in times of stress meaningfully cuts the cost of private debt. By Neil Weinberg February 20, 2025 CBR - Monetary Policy Share This Page ...

Institutions help explain uneven development between countries.Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at ...

Fostering high vaccination rates was one of the major public-policy challenges of the COVID-19 pandemic. Policymakers tried various strategies to encourage vaccination, including offering monetary ...

Consumer demand is a driving force of economic growth, accounting for about two-thirds of the US economy. So when policymakers want to determine how a particular fiscal or monetary policy will land, ...

ChatGPT set a record among consumer applications for racking up 100 million users within two months of its November 2022 launch. But just who’s tapping into the artificial intelligence platform ...