In 2005, the economist Pietra Rivoli followed the production of a T-shirt from a cotton farm to a Walgreens to understand ...

As with more typical projects, investors want to estimate, and then reduce, risk—in much the same manner as the ...

What role should a government play in the economy? When does government intervention help? When does it hurt? How do ...

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political ...

Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

With global competition, big businesses are often under pressure to reduce costs. Free trade deals have often failed to ...

A new working paper from economists Randall Akee, Maggie R. Jones and Emilia Simeonova categorizes tribal gaming as a kind of ...

Myanmar has been severely impacted by the March earthquake, and the economic aftershocks are compounding ongoing challenges faced by firms and households, according to a new World Bank report.

Andrii Yermak, Head of the Ukrainian President’s Office, may be behind a series of possible personnel changes in the ...

The American Journal of Economics and Sociology (AJES) was founded in 1941, with support from the Robert Schalkenbach Foundation, to provide a forum for continuing discussion of issues emphasized by ...

American Economic Journal: Macroeconomics focuses on studies of aggregate fluctuations and growth, and the role of policy in that context. Such studies often borrow from and interact with research in ...