Daily Economy
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Mega-Events, Minimal Returns: The High Cost of Hosting Global Spectacles
Olympics and World Cups are sold as drivers of jobs and tourism, but data show they often produce financial losses and crowd out better investments.
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You Can’t Plan the Next Play-Doh: Unexpected Discovery Drives Tomorrow’s Jobs
A failed wallpaper cleaner became a global toy — and a case study in job creation. Consumer tastes, not policy prescriptions, continually reinvent our economy.
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Why Market Success Breeds Market Skepticism
The very prosperity created by capitalism can obscure its benefits, fueling discontent even when we’re much better off.
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April Fools for America First? Higher Prices and New War
The President returned to office on promises to lower costs at home and restore our reputation abroad. Americans got the opposite.
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Inflated Grades Deflate Future Earnings
Grade inflation may feel harmless, but it quietly erodes learning. The real cost of an easy A? About $10,000 per student, according to new research.
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Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
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The Villainization of Business: Corporate Tyrants and Government Sycophants
Across political eras, corporations have been recast as either predatory villains or tools of the state — distorting their proper role in a free economy.
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Why Democracy Needs the Rich
In his new book, John O. McGinnis makes the case for why the wealthy matter for democracy — and why attacking them may backfire.
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Earth Hour Misses Civilization’s True Triumph: Human Innovation
Turning off the lights is easy. Creating them—and the progress they bring—was humanity’s true achievement.
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Cloud Seeding: A Better Way to Address Water Shortages
Cloud seeding is a cost-effective, free-market alternative to billion-dollar water infrastructure projects. It can provide flexible, locally driven solutions to western water shortages.
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•
Mega-Events, Minimal Returns: The High Cost of Hosting Global Spectacles
Olympics and World Cups are sold as drivers of jobs and tourism, but data show they often produce financial losses and crowd out better investments.
-
•
You Can’t Plan the Next Play-Doh: Unexpected Discovery Drives Tomorrow’s Jobs
A failed wallpaper cleaner became a global toy — and a case study in job creation. Consumer tastes, not policy prescriptions, continually reinvent our economy.
-
•
Why Market Success Breeds Market Skepticism
The very prosperity created by capitalism can obscure its benefits, fueling discontent even when we’re much better off.
-
•
April Fools for America First? Higher Prices and New War
The President returned to office on promises to lower costs at home and restore our reputation abroad. Americans got the opposite.
-
•
Inflated Grades Deflate Future Earnings
Grade inflation may feel harmless, but it quietly erodes learning. The real cost of an easy A? About $10,000 per student, according to new research.
-
•
Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
-
•
The Villainization of Business: Corporate Tyrants and Government Sycophants
Across political eras, corporations have been recast as either predatory villains or tools of the state — distorting their proper role in a free economy.
-
•
Why Democracy Needs the Rich
In his new book, John O. McGinnis makes the case for why the wealthy matter for democracy — and why attacking them may backfire.
-
•
Earth Hour Misses Civilization’s True Triumph: Human Innovation
Turning off the lights is easy. Creating them—and the progress they bring—was humanity’s true achievement.
-
•
Cloud Seeding: A Better Way to Address Water Shortages
Cloud seeding is a cost-effective, free-market alternative to billion-dollar water infrastructure projects. It can provide flexible, locally driven solutions to western water shortages.