Why are workers getting smaller pieces of the pie?

It's one of the biggest economic changes in recent decades: Workers get a smaller slice of company revenue, while a larger share is paid to capital owners and distributed as profits. Or, as economists like to say, there has ...

Small farmers sink or swim in globalization's tsunami

Whether small-time farmers across the world get swept away by globalization or ride a wave of new opportunities depends largely on how much control they can get, according to a new study that takes a new, big-picture look.

Extreme weather could bring next recession

Physical climate risk from extreme weather events remains unaccounted for in financial markets. Without better knowledge of the risk, the average energy investor can only hope that the next extreme event won't trigger a sudden ...

Tiny price gaps cost investors billions

Imagine standing in the grocery store, looking at a pile of bananas. On your side of the pile, the manager has posted yesterday's newspaper flyer, showing bananas at 62¢ per pound—so that's what you pay at the register. ...

Measuring the world of social phenomena

Economists working with Professor Marko Sarstedt from Otto von Guericke University Magdeburg are demanding that the same scientific standards be applied to economics and the behavioral sciences in general as are used in the ...

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