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Hours of Work No Longer Declining and the…

As countries develop, they face a choice: cash in on productivity gains as increased income or to enjoy increased leisure. That leisure means not only shorter workdays or a shorter workweek, but also longer vacations,…

Amazon’s retreat may be New York’s loss

Amazon’s decision to cancel its plans in New York City was actually the second time that New York missed its chance to host Amazon headquarters. The first time was in 1994, and what happened then informs…

Lessons from Behavioral Economics

I returned from Morocco, where I was asked at a conference, “Does behavioral economics make optimization models obsolete?” The message of some publications may be that behavioral economics is a substitute for ‘traditional’ economics and…

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Farming First: A Recipe to Feed a Crowded…

Yves here. Wise may address the question of soil quality in his longer form work on small-scale farming. He acknowledges it as important…but does it map onto labor distribution? And more generally, I am concerned…