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Category: economics

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Economics

Challenging the Scarcity Mindset: New Insights Into Attention During Poverty

Do people in poverty think about their scarce resources in a fundamentally different way than others? For over a decade, researchers believed scarcity causes people to focus intensely on immediate needs, at the cost of ignoring future opportunities. This concept, known as the ‘tunneling effect,’ has informed significant policy decisions. But recent findings suggest it’s […]

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Chemistry

The 2026 Nobel Prizes: Four Discoveries That Could Change Our World

From controlling brain cells with light to detecting mysterious particles from space, this year’s Nobel Prize winners show how surprising discoveries can transform science, medicine, and even the economy. Every October, scientists worldwide wait to hear who will receive one of research’s highest honors: the Nobel Prize. The 2026 winners have explored some extraordinary questions. […]

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Economics

Kronos: Decoding Financial Markets with a Unified Model

In the bustling corridors of global financial markets, the dance of numbers and charts forms a language of its own. While traders and analysts have long interpreted this intricate language, a new player—Kronos—is setting the stage to redefine how we understand financial data. And possibly predict markets The Puzzle of Financial Forecasting Financial markets operate […]

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Economics

How Early Modern Greek Farmers Adapted to Capitalism’s Pressures

The warm sun of the Peloponnese may seem timeless, casting its light over fields that have been farmed for centuries. Yet, beneath this serene landscape, a dramatic transformation unfolded that reshaped the region’s agricultural fabric. In the historical setting of 15th- to 16th-century southern Greece, a riveting sociocultural transformation was in motion. From unstable eras […]

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Economics

Urban Commons: Rethinking City’s Shared Spaces

Mention ‘urban commons,’ and you’re likely to conjure up images of bustling city parks, community gardens, or vibrant public squares filled with the murmur of daily life. But what truly governs these shared spaces that bring communities together? It’s a question that sends us down a path of exploration. How do urban communities self-organize to […]

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Economics

How Crowdfunding Backers React to Misconduct

Imagine carefully choosing a project to support on a crowdfunding platform, only to discover later that the fundraiser misused funds. The frustration you’d likely feel is not just personal but part of a larger, predictable pattern driven by a psychological phenomenon known as reactance. This week, we explore how potential backers respond to fundraisers’ misconduct […]

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Economics

The Hidden Signal Most Stock Models Still Miss

Every day, trillions of dollars move based on numbers that look chaotic, emotional, and unpredictable. But what if the stock market behaves less like a riddle—and more like a picture waiting to be read? That question sits at the heart of a recent study exploring whether convolutional neural networks (CNNs)—the same tools used to recognize […]

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Economics

When Firms Can’t Die

Every few years, economies rise and fall—but some companies never really die. They shuffle along, unable to pay their debts, feeding on cheap credit instead of fresh profits. Economists have a name for them: zombie firms. And according to a sweeping study by the Bank for International Settlements (BIS), these undead businesses are multiplying worldwide. […]

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Economics

Unequal Blackouts: When Natural Disasters Hit the Grid

Every year, storms, floods, and heatwaves darken millions of homes. But here’s the shocker: not everyone loses power equally. In China, new research shows that poor counties suffer blackouts more often and for longer than their wealthier neighbors. The same could be true wherever vulnerable communities face fragile power systems. Why This Matters to Everyone […]

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Economics

The Hidden Costs of Research: Lessons from NIH Overhead Funding

This 2014 Nature article explores the complexities of indirect costs in NIH research funding, highlighting how institutions must negotiate reimbursement rates for essential but often overlooked expenses like administration, facilities maintenance, and utilities. While direct research funding captures attention, the “less sexy” infrastructure costs are vital for sustaining cutting-edge science. Due to federal caps and […]

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