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Wealth redistribution, not tax cuts, key to economic growth

President Trump's new tax plan will follow the familiar script of reducing taxes for the rich in the name of job creation. Not only will these trickle-down policies not work—they'll make the problem worse. A new report ...

Richard Thaler wins Nobel for work in behavioral economics

The Nobel prize in economics was awarded Monday to Richard Thaler of the University of Chicago for research showing how people's choices on economic matters—whether on savings or game shows like "Deal or No Deal"—are ...

To kickstart creativity, offer money, not plaudits, study finds

How should employers reward creative types for turning in fresh, inventive work: with a plaque or a party recognizing their achievement, or with cold, hard cash? According to new research co-written by a University of Illinois ...

Nobel-winning technique like "Google Earth for molecules"

Three researchers won a Nobel Prize on Wednesday for developing a microscope technique that lets scientists see exquisite details of the molecules that drive life—basically providing a front-row seat to study these tiny ...

Supreme Court declines to hear Megaupload case

The Supreme Court is leaving in place lower court rulings against internet entrepreneur Kim Dotcom and others associated with his now defunct file-sharing website Megaupload.

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