The trouble with round numbers

Study shows people prefer monthly payments in multiples of $100, even when it may cost them money.

Peter Dizikes | MIT News Office
Feb. 20, 2020 | mit

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~7 mins

Tags: behavioral-economics finance research economics sloan-school-of-management

Extreme weather could push the U.S. into recession

Financial markets aren't taking into account the effects extreme weather and climate change could have on the future of the economy, a researcher warns.

Karen Nikos-UC Davis
Feb. 18, 2020 | futurity

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~4 mins

Tags: earth-and-environment society-and-culture climate-change economics money natural-disasters weather

The complex effects of colonial rule in Indonesia

Evidence links Dutch-era sugar production and greater economic activity today.

Peter Dizikes | MIT News Office
Feb. 5, 2020 | mit

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~8 mins

Tags: economics asia europe history research global school-of-humanities-arts-and-social-sciences

Has greater workplace equality sparked economic growth?

In 1960, 94% of doctors and lawyers were white men. In 2010, just 60%. Here's why researchers attribute major economic growth to that shift.

Stanford
Jan. 30, 2020 | futurity

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~5 mins

Tags: society-and-culture discrimination economics gender jobs money race-and-ethnicity united-states

The average American household wastes $1,866 of food per year

US households waste about a third of the food they acquire, report economists. That means land, labor, and other resources are going to waste, as well.

Chuck Gill-Penn State
Jan. 23, 2020 | futurity

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~6 mins

Tags: earth-and-environment consumers economics food money sustainability united-states

Are big tech monopolies ruining American capitalism?

Listen to this podcast to hear an economist explain how big tech companies like Facebook, Google, and Amazon are threatening capitalism.

U. Chicago
Jan. 15, 2020 | futurity

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~2 mins

Tags: featured society-and-culture business competition economics facebook google united-states

Zeroing in on decarbonization

Wielding complex algorithms, nuclear science and engineering doctoral candidate Nestor Sepulveda spins out scenarios for combating climate change.

Leda Zimmerman | Department of Nuclear Science and Engineering
Jan. 15, 2020 | mit

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~8 mins

Tags: nuclear-science-and-engineering mit-energy-initiative school-of-engineering technology-and-policy students research alternative-energy energy energy-storage greenhouse-gases climate-change global-warming sustainability emissions renewable-energy economics policy nuclear-power-and-reactors profile graduate graduate postdoctoral

J-PAL North America seeks partners to research homelessness

Housing Stability Evaluation Incubator will provide funding and technical assistance to help partners build evidence on strategies to reduce and prevent homelessness.

J-PAL North America
Jan. 13, 2020 | mit

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~5 mins

Tags: abdul-latif-jameel-poverty-action-lab-j-pal economics poverty research school-of-humanities-arts-and-social-sciences housing

In health care, does “hotspotting” make patients better?

Study shows no effect from program intended to reduce repeated hospitalizations by targeting high-cost patients.

Peter Dizikes | MIT News Office
Jan. 8, 2020 | mit

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~8 mins

Tags: health-care research economics aging medicine health abdul-latif-jameel-poverty-action-lab-j-pal national-institutes-of-health-nih sloan-school-of-management school-of-humanities-arts-and-social-sciences

Hermit crabs may offer insights into wealth inequality

Hermit crabs choose their shells and can ditch old ones for new, better ones. Check out this video to learn what they can show us about wealth inequality.

Gregory Filiano-Stony Brook
Jan. 3, 2020 | futurity

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~3 mins

Tags: featured society-and-culture crabs economics