Tag: Economics

100 articles
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How and (Why) Athletes Go Broke

Five years after they leave the league, 60 percent of NBA players have nothing left. In the NFL, it’s closer to 80 percent after just two years. On the economics of professional sports.

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The Assistant Economy

Nowadays, the young and privileged view un- and under-paid assistantships as the road to a successful creative career. Are they deluding themselves?

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Sugar Days

The sugar beet harvest in North Dakota draws a modern version of the American hobo.

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The Shut-In Economy

There are two roles to play in the new world of on-demand everything: royalty or servant.

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The Holdouts

Turning down the huge amounts of money a fracking contract can offer is always the beginning of a fight.

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When Will We Stop Punishing Working Women for Having Babies?

America’s pregnancy leave policies – or lack thereof – continue to bear no relationship to the reality of being pregnant. It’s time for something to give.

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The Chinese Century

Without fanfare—indeed, with some misgivings about its new status—China has just overtaken the United States as the world’s largest economy.

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Magical Thinking: Bitcoin Gathers at Disney

Bitcoin partying at an Orlando hotel with worshippers of the blockchain.

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Money ≠ Happiness. QED.

The old axiom that more is better is no longer true.

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The Churn

A Texas border town fails to keep up.

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The Economics of Pricelessness

How to understand the real-world value of things that are worth nothing and everything at once.