Christie’s auctions off a Lehman Brothers sign in 2010.
It's when times are good that the seeds of the next financial crisis are sown.
The financial system is awash with money, which is why interest rates have been so low for so long.
It's been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who's truly benefitted?
Beach erosion in Nags Head, North Carolina, photographed May 15, 2005.
Many US coastal towns are building defenses to protect against rising seas and storms. This can encourage people to stay in place when they should be moving inland.
People of color tend to suffer financially more than whites after natural disasters, such as Hurricane Katrina.
A new study shows that natural disasters enrich white victims while hurting people of color, worsening wealth inequality. And government aid contributes to the problem.
The Latinoamericana Tower stands amid smog in Mexico City.
AP Photo/Marco Ugarte
Pollution is killing people in the developing world at an alarming rate. While there are many reasons for this, one looms large: China.
International tourists use many of Australia’s resources, including adding to fossil fuel consumption.
People think migrants are draining Australia's resources. But if we were to cut down on migration, it would also make sense to introduce policies that limit numbers of international tourists.
The universal basic income movement has a major problem: both critics and even many supporters don’t understand how much it would really cost.
Apple may seem a giant, but by some measures it’s not.
Apple became the world's 'biggest' company because of its sky-high valuation. But in the past, the largest companies were known for more meaningful metrics such as revenue and number of employes.
It’s a game for the rich.
AP Photo/Steven Senne
The Trump administration is considering a change to capital gains that could be a windfall for the rich. A scholar explains what they are and how they're taxed.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful.
The president says he's fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
There's a good reason why Brexiters aren't coming up with an alternative to Theresa May's Chequers plan.
Trump and Merkel: Friends, foes or frenemies?
AP Photo/Pablo Martinez Monsivais
The president, who called the European Union a 'foe' following a series of meetings in Europe, may not realize just how much Americans have gained from their relationship with Europe.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth.
News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.
Trump has long talked about halting U.S. participation in the WTO.
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
The doomsayer is just as vital as the visionary.
Doomsaying about new technologies is as old as technology, and it's a vital part of how we figure out when and where something should be used.
Ken Starkey defends the importance of business schools, while Martin Parker says 'bring in the bulldozers'.
Talk of the post-industrial society is mostly hype without evidence.
Tighter emissions standards create costs for truck manufacturers yet provide health benefits for society. How should they be weighed?
EPA Administrator Scott Pruitt has proposed steps that would reduce economic benefits to society from new regulations. An economist who worked for Presidents Clinton and Obama calls this a strategy to justify deregulation.
The latest World Bank report on South Africa identifies land reform as critical factor of addressing the country’s economic challenges.
The latest World Bank report on South Africa addresses solutions to the country's economic challenges.
Economics is about so much more than money – it can help people find the right kidney donors, for example.
Economics isn't just about money – it offers ways to tackle many of our problems. But economists lack diversity, and that limits how they see the world and the solutions they offer.