Research suggests the answer, surprisingly, may be no, but behavioral science offers a few ways to encourage the wealthy to open their wallets a little wider.
Khatera Sahibzada, USC Dornsife College of Letters, Arts and Sciences
Many managers say they’re uncomfortable giving negative feedback, yet employees tend to consider it helpful to improving importance. Research – and a 13th-century saying – offers some tips.
A mix of economic unease and fears of the growth of online shopping is pushing retailers to offer ever-steeper discounts, but there’s a better strategy to make it through the holidays in the black.
Given Trump’s substantial conflicts of interest, the foundation’s admission of self-dealing should sound a warning to both the president-elect and voters as he takes the oath of office.
Fidel Castro was no fan of his brother’s plans to normalize relations with the US or open the economy. Does his death suggest those plans might accelerate?
Ultra-low interest rates have made low-carbon projects like windmill farms more attractive than coal power plants. That will begin to change as the central bank lifts rates, hurting the green economy.
The main arguments in favor of the TPP were economic. But there’s another reason the Trump administration should rethink its promise to nix it: Its demise will weaken US national security.
The president-elect doesn’t think his extensive business and other conflicts will be a problem when he’s president. Research suggests it’s because of a behavioral bias that affects us all.
Financial crises and soaring inequality fueled the populist backlashes that threaten neoliberalism’s core principles of free markets and free people. The world needs a new narrative to counteract it.
Trump’s plan to deport up to 3 million undocumented immigrants will likely end up rounding up many of the laborers Americans depend upon to pick their grapes and tend to their avocados.
Trump wouldn’t be the first occupant of the Oval Office to try to bend companies to his will to achieve an objective, be it economic or merely political. JFK tried it with U.S. Steel in 1962.
Labor’s decline has steadily eroded the prospects of working-class Americans, fueling the backlash that propelled Trump. His election, however, will likely deliver unions a knockout punch, hurting his supporters most.
Globalization in its present form has generated economic inequalities, political uncertainties and cultural anxiety. Is there a way to move forward that benefits more people?
China’s goods are everywhere, thanks to the gains China has made from trade and foreign investment. Now that China wants to return the favor, the US may risk losing out if it chooses to turn inward.
While some pundits claim the much-hyped shopping day that follows our Thanksgiving feasts has lost its relevance, the reality is a lot more complicated, as four important facts show.
Is the financial system headed for another ‘Lehman moment’? Perhaps, but a bailout isn’t the solution. More capital is, something Trump should remember as he rewrites U.S. bank rules.
The collapse of New Deal-era policies gave rise to deep-seated frustrations. Addressing that anger will require mobilizing workers, business leaders and others to get wages rising again.
Trump has promised to abolish Obama’s Clean Power Plan and back out of the Paris climate accord. But business could become a key firewall that won’t let Obama’s sustainability legacy die.
Four of our economic scholars weigh in on Trump’s legislative agenda, healing the divide, uncertainty and something known as the ‘presidential puzzle.’