When It Comes to Solar Power, the Market Is Finally Making Environmentalism Easy
The price of this renewable energy source is now competitive with older, dirtier alternatives—and getting cheaper by the day.
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Economics
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The 30 Top Thinkers Under 30: The Policy Advocate for Households Who Wants to Redesign Social Programs
For the month of April we're profiling the individuals who made our inaugural list of the 30 top thinkers under 30, the young men and women we predict will have a serious impact on the social, political, and economic issues we cover every day here at Pacific Standard.
Science: Owning Yachts Much Better Than Merely Chartering Them
When it comes to luxury products, owning them makes you much more satisfied with your life than using them.
Lottery Scams and Impossible Luck
Lotteries (both real and fake) are rife with fraudsters who’ve figured out how to game the system and manipulate the gullible.
The Dangerous Mathematical Con of Hedge Funds and Financial Advisers
Using too many trials to design investment algorithms renders them statistically useless and potentially devastating.
Money as a Social Construction
None of our coins are actually worth what they cost. And even that worth is based on some collectively agreed upon fantasy.
The 30 Top Thinkers Under 30: The Gates Millennium Scholar Who Wants to ‘Make a Dent in the World’
For the month of April we're profiling the individuals who made our inaugural list of the 30 top thinkers under 30, the young men and women we predict will have a serious impact on the social, political, and economic issues we cover every day here at Pacific Standard.
How Do You Make a Living, Niche Sport Photographer?
For John Todd: by owning a database of photos of the United States national soccer teams.
Why Are So Many Silicon Valley Companies Valued in the Billions?
WhatsApp, Oculus, Instagram, Tumblr: These are just some of the technology companies recently valued at $1 billion or more. Whether we’re in a start-up bubble or not nobody can agree on, but one thing is certain: We have no idea what the future looks like, and an investment today could result in huge profits tomorrow.
The Secret History of Life-Hacking
How the cult of self-optimization was born on the factory floor—with a manager's stopwatch in hand.