Robbing banks: Crime doesn't always pay, econometrics study shows

Contrary to images of unimaginable wealth in the movies, the takings from the average bank robbery are small, according to a report published today in Significance, the magazine of the Royal Statistical Society and the American ...

What Harry Potter can (and can't) teach us about economics

A new paper in Oxford Open Economics, published by Oxford University Press, explores "Potterian economics"—the economics of the world of J.K. Rawling's Harry Potter series. Comparing such economics with professional economic ...

China has less than decade to remake economy: US

China has less than a decade to overhaul its economy and safeguard long-term growth that goes beyond a boom based on cheap labor, a top US Treasury official warned Wednesday.

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