Other Sciences - Economics & Business news

'Failure is good'

“Greed is good” became a popular phrase in the aftermath of the 1987 movie Wall Street, implying that the riches of individual financiers were justified by the role those people played initiating large-scale ...

Apr 05, 2010
4 / 5 (9) 3

US income distribution winners and losers

People all over the world have spent almost six months in front of universities, public parks, banks, and even Wall Street to publicly protest their dissatisfaction with economic inequality. But how much disparity really ...

Feb 28, 2012
5 / 5 (7) 1

The economics of nice folks

A basic tenet of economics is that people always behave selfishly, or as the 18th century philosopher economist David Hume put it, "every man ought to be supposed to be a knave."

Jun 19, 2008
4.1 / 5 (8) 2

How American consumers view debt: a case study

A new study published this month suggests that while younger Americans are more smitten with credit cards and debt than older Americans, the older generation helps enable their children by encouraging use of credit as a "safety ...

Apr 19, 2011
4.1 / 5 (8) 4 | with audio podcast