Should America Be Run by … Trader Joe’s?…

The typical supermarket stocks roughly 35,000 items. Trader Joe’s averages just 3,000. Are they proof that less is more? (Photo: Michael Nagle/Getty Images) The quirky little grocery chain with California roots and German ownership has…

The Future of Meat (Ep. 367 Rebroadcast)

Meat production has become more efficient. But turning animals into food still requires an enormous amount of resources. Can scientists build a better burger from scratch? (Photo: Scott Olson/Getty) Global demand for beef, chicken, and…

The Economics of Sports Gambling (Ep. 388)

Today, roughly 60 million people in the U.S. and Canada play fantasy sports, with U.S. revenues alone reaching about $8 billion a year. (Photo: Miller/Getty) What happens when tens of millions of fantasy-sports players are…

Technology diffusion trajectories: New evidence

The diffusion of novel ideas is in itself an important source of innovation when their adoption by others instigates improvements to the initial idea and/or identifies new applications. Rosenberg (1982), Dosi (1991), and Hall (2004),…

Understanding what works for active labour market policies

Having an effective set of active labour market policies (ALMPs) is essential to meet the challenges that automation, globalisation and demographic change impose on the labour market. Active Labour Market Policies are a general denomination…

New monthly indices of the British stock market,…

Stock market indices around the world are near historic highs. During the past ten years, the FTSE 100 has almost doubled, the DAX trebled, and the S&P500 quadrupled. Including dividends, the returns are even higher.…

The impact of Brexit on UK firms

Nicholas Bloom, Philip Bunn, Scarlet Chen, Paul Mizen, Pawel Smietanka, Gregory Thwaites 04 September 2019 More than three years have passed since the EU referendum, but uncertainty surrounding the process of the UK’s withdrawal from…

Costs of employment and flexible labour demand

Costs of employment and flexible labour demand: Evidence from maternity and parental leave reforms Persistent gender gaps in employment and wages exist in many OECD countries. These gaps appear most prominently around childbirth, a phenomenon…