NASA made $76 billion for the US economy in 2023, three times more than its budget
Now that's what I call a return on investment.
Tag: economics
What we can learn from the biggest corporate tax cut in modern times
It marked the first major overhaul of the U.S. corporate tax system in over 30 years, but did it improve ...
All around the world, women are underrepresented in economics — especially in the US
Researchers scoured data to see whether women were well represented in economics. They're not.
What is inflation: the purchasing power cookie monster
You might have heard that inflation is related to the price of goods and services, but why does it occur ...
Industrialization pays less dividends: when manufacturing jobs shift abroad, their share peak at a lower level than in the previous country
It's a global problem, which means recent U.S. policy might be doomed to fail.
Book Review: ‘Foragers, Farmers, and Fossil Fuels: How Human Values Evolve’
A must-read book spanning time and science.
The 2016 Nobel Prize in economics awarded to duo of contract theoreticians
Sign at the bottom for Prize.
The science of why you should buy experiences, not things
The science of happiness is still a youthful and controversial field, but one thing seems to be clear: there's only ...
Are some people pro-social because they don’t know how to selfishly help themselves?
A new study by Oxford researchers suggests that we all would like to maximize our profits, it's just that some ...
Rich but not happier — why economic growth doesn’t always translate to happiness
It's easy to assume that with economic gain comes happiness -- we live in capitalism, after all. But science comes ...
When Rhode Island accidentally legalized prostitution rapes and STDs dramatically fell
In the 1980s, concerned that the state statute on prostitution was too broad and could potentially infringe on First Amendment ...
Poverty puts ‘tax’ on cognition — financial strain causes drop in IQ as large as 10 points
=Poverty posses long-lasting social, emotional and, least not forget, cognitive perils. A recent study found that people under financial strain ...
When the “prisoner’s dillema” is played with real prisoners: unexpected results
The prisoner's dilemma is one of the most famous paradigms and at the same time one of the most discussed ...
Beautiful people earn $250,000 extra on average
It's generally known that people of above-average physical looks are at a greater social advantage than people of average or ...
How scientists taught monkeys the concept of money. Not long after, the first prostitute monkey appeared
Seriously, what the heck?
