American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
When the Buffalo Bills open their $2.2 billion Highmark Stadium this September, they’ll be opening the NFL’s smallest venue: 60,108...
behavioral economics
For nearly 50 years, one number barely moved. Every year or two, the General Social Survey asks Americans how happy...
The Gilded Age economist Thorstein Veblen famously wrote about “conspicuous consumption,” the idea that people signal status by buying expensive,...
Nearly half of young adults live at home and nearly half get help paying the bills, Fed survey shows
A new Federal Reserve survey offers a somber look at how young Americans are getting by: a lot with their...
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
When the Buffalo Bills open their $2.2 billion Highmark Stadium this September, they’ll be opening the NFL’s smallest venue: 60,108...
AI won’t just reshape work and markets, Joseph Stiglitz says it will quietly rot the information those systems depend on....
5 min read
Joseph Stiglitz wants you to hold two ideas in your head at the same time. The first: an AI bubble...