Illustration of a crane full of cash

Can Universal Basic Income Achieve Economic Security?

A wealthy country like the United States needs a solution for improving the supply and fairness of work overall. Is universal basic income the way to go?
solar city

Ecological Economics: An Oxymoron?

Mainstream economics has largely neglected to integrate ecological systems into its models. But the two disciplines don't have to be diametrically opposed.
modern inequality

What Would Adam Smith Think of Modern Inequality?

The "father of modern economics" saw a role for a well-run government that used taxes and regulations to keep the market operating smoothly.
aerial view of beach with people

Why Europeans Have Such Long Summer Vacations

In the 1920s, politicians saw workers’ time off as a way to mold society, encouraging workers to engage in politics and patriotism during their time off.
Baby Drinking from Bottle, close-up

The Continuing Controversy Over Baby Formula

Nestlé promoted formula in the developing world, even though they knew bottle-feeding with limited sanitation and refrigeration could be dangerous.
Blackberries

The Crucial Southern Blackberry

In the 19th century, blackberry picking was both hobby and money-making endeavor for many Americans. Increased regulation of land use changed all that.
commuting workers

Can America Get Behind Full Employment?

Full employment was a prominent goal in U.S. politics after World War II, but has faded from policy debates in recent decades.
Bitcoin bubble

What Is a Bubble?

Tulip bulbs. Housing. Bitcoin? In every bubble, the value of something is based more on peoples' esteem of it, rather than intrinsic worth.
Japanese elderly prison

When the Elderly Poor Are Left Behind

In Japan, elderly people are committing crimes just so they can go to jail and feel cared for. A similar situation has played out in India, where the elderly have been left out of traditional social support networks.
Privatization

The Roots of Privatization

The great turn towards privatization is usually thought to have begun in the 1970s, with Chile's dictatorial regime, but its roots go back further than this.