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Economics
2699 posts
The Cost of Juvenile Incarceration
States pay hundreds of thousands of dollars every year to keep each juvenile offender behind bars. A new report calculates that long-term costs of incarceration could add up to $21 billion annually.
Attention Office Jerks: Back Off!
We tolerate jerks in the workplace because we value their creativity. Maybe it's time we stopped.
In Praise of TLC’s ‘Extreme Cheapskates’
Though their methods seem absurd, the cheapskates are a reminder of frugality in a nation swimming in consumer debt.
Cyber Shopping Isn’t Just for Monday
Even Black Friday sales are falling as more people shift their retail habits to online. Physical stores still have advantages, but we're quickly finding ways to replace them with virtual substitutes.
Even the Night Owls Need to Go Home Eventually
The transportation authority responsible for Philadelphia’s subways thought extended service hours would attract young millennials out partying into the early morning, but it might be the workers who keep the city running through the night that are benefiting most.
Turmoil at JPMorgan
Examiners are reportedly blocked from doing their job as “London Whale” trades blow up.
Rich Kids Are More Likely to Be Working for Dad
Nepotism is alive and well, especially for the well-off.
How Do You Make a Living, Taxidermist?
Taxidermist Katie Innamorato talks to Noah Davis about learning her craft, seeing it become trendy, and the going-rate for a "Moss Fox."
Is the Federal Reserve Bank of New York Doing Enough to Monitor Wall Street?
Bank President William Dudley says supervision is stronger than ever, but Democratic senators are unconvinced: "You need to fix it, Mr. Dudley, or we need to get someone who will."