What an Economist Means by “Rationality” James Campbell Economics, Politics & Economics Rationality is the concept of human behavior at the heart of economic theory. But what does it mean? To an economist, rational people come in all shapes and sizes. What is rational depends on what you like: with the right motivation, any behavior can be rationalized.
Fighting Inequality Starts with Early Childhood Development Kaisa Snellman Economics, Education, Politics & Economics Income inequality may have the greatest impact on society’s most vulnerable: very young children. Without addressing early childhood development, efforts to close class gaps may fall short.
Money in Politics Corrupts: Big Money Corrupts Absolutely Simon Radford Economics, Government, Politics & Economics, Society & Culture A working paper published on an academic website creates a stir
Does Industry Really Want to Close the Wage Gap? Juve J. Cortés Economics, Politics & Economics, Society & Culture Big business might want to keep the workforce divided.
Redefining Sustainability Jean-Francois Manzoni Economics, Politics & Economics, Society & Culture Sustainability must be reframed as an opportunity if it is to take hold.
Why Oil is Cheap and What It Could Mean for Your Country Lauren Goodwin Economics, Government, Politics & Economics Does a low energy price environment creates more winners than losers?
Your Rolodex Matters: But By How Much Depends on your Gender Lily Fang Economics, Politics & Economics, Society & Culture This piece is published in partnership with INSEAD’s Knowledge blog, a leading online magazine engaged with innovative ideas about the business world.