When President Donald Trump unveiled his sweeping “Liberation Day” tariffs last April, pundits on both sides of the aisle responded by describing the likely effects in superlatives. In a White House ...

The United States has become better known for inventing things than making them. That goes for everything from Apple’s iPhones to Levi’s jeans. Low-cost foreign labor is an obvious reason factories ...

A conceptual artwork titled “Comedian” sold at auction last November for just over $6 million. The piece consisted of a banana duct-taped to the wall, along with installation instructions and a ...

Thirty years ago, job seekers paged through newspaper ads, made cold calls, or approached strangers at corporate networking events. Today, online applications and social networking platforms like ...

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 ...

The University of Chicago Booth School of Business has received $14 million in total gift commitments from University of Chicago trustee and alumnus John Edwardson and Fran Edwardson to support its ...

Accounting for the costs of climate change is an increasing focus globally. In 2024, the United States alone had 27 “confirmed weather/climate disaster events with losses exceeding $1 billion each,” ...

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 the heart of the work for which MIT’s Daron Acemoglu and Simon ...

In the days following Donald Trump’s reelection, we, like millions of others, spent a fair amount of time reading articles recapping the political earthquake we’re living through. Trump won every ...

US vice president Kamala Harris took on price gouging as a significant part of her presidential campaign’s economic policy platform, promising if elected to call for “the first-ever federal ban on ...

To appreciate the edge that artificial intelligence can bring to the financial markets, it’s worth understanding how fast the technological landscape has changed for investors. It has been propelled ...

A 70-year-old woman goes to the pharmacy to pick up medication for her arthritis. How much should that cost her? Maybe $5 for the prescription? Or $20? Or should it be free? There’s surely a lot going ...