Abnormally high market prices funnel wealth from consumers to owners of large companies.
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Prices are up to five times higher than the raw costs of production for many of the goods and services we all need.
How long should a solar subsidies, or any subsidy, last?
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Start high, drop fast and avoid the free-riders: How to design subsidies that can boost clean energy in the US and elsewhere.
Roadside workshop with fireplace near Atakpamé, Togo.
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Experts say greater use of renewable energy via solar photovoltaic and hydro power is the best route to universal access to electricity in Togo.
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International experience suggests South Africa can benefit by focusing on a simple restructuring of its power utility, allowing well-run state-owned entities to flourish.
Lorries blocked at the border between DRC and Zambia. Poor roads are a major stumbling block to trade.
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Producers in Zambia should be getting more for their crops, and buyers in East Africa should be paying less, alleviating food price spikes.
There are good grounds to argue the competition watchdog, or federal treasurer Jim Chalmers, should be vetoing the deal.
Companies develop AI to gain an advantage over their competition, but this results in flawed products entering the market.
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Competition between corporations drives innovation and development. But when it comes to artificial intelligence systems, the prevention of harm should be more important.
In the next decade, both a U.S.-led group and a collaboration between Russia and China aim to set up bases on the Moon.
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In the past 10 years, international alliances on Earth have begun to expand into space. Nations with similar interests collaborate with one another while competing with other space blocs.
Zero-sum competitive environments that set up winners and losers may be less appealing to women.
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A focus on raw intellectual talent may unintentionally create a cutthroat workplace culture. New research suggests women’s preference to avoid that environment may contribute to gender gaps in some fields.
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Most consumers want a better deal, but New Zealand’s small size and relative isolation make it hard for large-scale competitors to enter the supermarket sector.
The New York Knicks’ Obi Toppin goes up for a slam during the NBA dunk contest on Saturday, February 19, 2022, in Cleveland, Ohio.
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A new database could pave the way for a more fair and consistent way to score slam dunks, a self-described ‘dunk scientist’ says.
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We analysed data from almost 88,000 matches played over 26 years across 11 major European leagues. This is what we found.
Women may be more team-oriented than men.
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Some suggest women’s lack of competitiveness relative to men is one reason for the persistent gap between how much men and women earn.
State-owned enterprises, such as Transnet, which runs South Africa’s ports, loom large over the economy.
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Corruption and fraud make a few rich households richer. But the already poor and low-skilled lose their jobs and become poorer.
In ancient Greece, the heart and soul of the festival was the experience shared by all who attended.
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Athletes and spectators were lured to Olympia by a longing for contact with their compatriots and their gods.
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New Zealand scores well against other countries — especially over its handling of the pandemic — but there are still areas that need improving.
Big tech giants have become not just omnipresent but omnipowerful. Will their might be reined in in 2021?
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Tech giants are not just surviving the pandemic; they’re thriving. In 2021 and in the post-pandemic era, anti-trust regulations in tech must be revamped.
Everyone wants a slice of the pie.
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Unfairness alone is upsetting enough to drive people to punish lucky recipients of unfair outcomes.
An unregulated economy leaves the economically disadvantaged at the mercy of the rich and powerful
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Lack of competition regulation created outright dominance of a few players in some industries.
Who gets a seat at the table?
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Recognizing the influence of evolution on behavior and gender norms suggests ways to reduce gender inequality in leadership in the real world.