Globalization did not fail — it improved the lives of billions of people. The next phase of human development could push us to a new level of global abundance.

In this excerpt from The Wage Standard, Arindrajit Dube explains how "monopsony" gives some employers the power to set wages below competitive levels.

“This is a world in which we've essentially given ourselves the tools to stop the construction of the most important product in American lives in the places where Americans often most want to move.”

The host of the Money with Katie Show has some priceless advice for women on how to approach pay-rise negotiations.

A reduced working week, argues Juliet Schor, is part of a sane response to the impacts of AI and robotization on human labor.

A comparison of wealth gaps in ancient empires reveals stark differences and lasting consequences.

A prolonged strike could cost the economy between $500 million to $4.5 billion per day.

Evidence shows that “centaurs” — human–AI teaming — produce better performance than either people or software can achieve alone.

While the concept stretches back centuries, it has garnered significant attention in recent decades.

A college education currently provides roughly a 10% rate of return, beating the long-term performance of equities.

Did they spend the money on themselves or others?

While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories.

In an age of high quit rates, struggling low-wage employees, and tone-deaf leadership, the call for “good jobs” makes great sense.

The status quo may be unsustainable.

Economist Tyler Cowen explains why intelligence is overrated. Here’s what to look for instead.

Some effective altruists “earn to give” — they make as much money as they can and then donate most of it to charities.

Despite being called the "dismal science," economics impacts our lives every day. Here, we look at seven of the greatest economists in history.

Studying the display of personal wealth across time can help us better understand the history of socioeconomic inequality.

The “money taboo” is not a single taboo, but rather an amalgamation of several smaller taboos tied to gender and socioeconomic class.

For centuries, the only way to travel between the Old and New World was through ships like the RMS Lusitania. Experiences varied wildly depending on your income.

We asked our experts where they see the biggest blockers right now for more progress. Essentially, from their various areas of focus, what did they see as the largest impediments to driving progress forward around the world and how they would prioritize the necessary interventions? The answers were appropriately varied from the philosophical to the political to the technological.

It is wrong to think that these three statements contradict each other. We need to see that they are all true to see that a better world is possible.

Only 1% of corn grown is the U.S. is the type that people eat.

Geopolitics is not a magic 8-ball. But making financial decisions — such as those regarding retirement — in a multipolar world without geopolitics is akin to flying blind in a storm.

Majoring in economics can boost a graduate's early-career income by several thousand dollars, at least for those who live in California.

The decline of global poverty is one of the most important achievements in history, but the end of poverty is still very far away.