The Bank of England’s chief economist, Andy Haldane, has urged his colleagues to examine the musical mood of the nation when contemplating changes to the bank’s interest rate. How could an increase in Taylor Swift downloads or a decline in the popularity of rock and roll be relevant for managing the economy? It all comes...
Donald Trump’s decision to unilaterally pull the US out of the Iran nuclear deal doesn’t just have important political and security implications. Because sanctions are at the heart of the deal, it will also have a significant economic impact. Just how big this is depends on the response of the European signatories to the deal...
Mad Magazine is still hanging on. In April, it launched a reboot, jokingly calling it its “first issue.” But in terms of cultural resonance and mass popularity, it’s largely lost its clout. At its apex in the early 1970s, Mad’s circulation surpassed 2 million. As of 2017, it was 140,000. As strange as it sounds,...
Many Airbnb venues in the United States fail to provide the critical carbon monoxide and fire safety protections that are legally required of hotels and motels, suggests new research from the Johns Hopkins Bloomberg School of Public Health. The analysis, published May 7 in the journal Injury Prevention, revealed that while the majority of rental properties–80...
Economic tumult in the early 2000s persuaded many young people to keep living with their parents, but the reasons why differ starkly by race, a new Johns Hopkins University-led study concludes. For black young adults, increasingly expensive apartment rentals kept them from moving out. But white young people stayed with their parents because they couldn’t...
A new report prepared by RTI International for the National Center for Education Statistics provides important insights about rising student debt and its consequences for students who graduated from college during the Great Recession. The study details a variety of post-college outcomes for students who graduated with a bachelor’s degree in 2007-08, reflecting graduates’ perceptions...
People who hold two jobs demonstrate as much engagement and performance in the workplace as their colleagues who have one job. However, dual job holders are likely to sacrifice family and personal time as a result. These are the findings of a new study in Springer’s Journal of Business and Psychology led by Brian Webster of Ball...
Residents and anti-gentrification activists tend to fear gentrification will lead to displacement by white residents while some experts believe it’s an optimistic sign of an economic boom that would enable people to rise up economically. A new USC study of census data shows that nationally, neighborhood ascent — a broad definition of gentrification — is...
While some may think a ‘knock-off’ product is morally wrong, new research from University of British Columbia’s (UBC) Okanagan campus demonstrates that for some cultures ‘unethical’ consumption is a virtue. Faculty of Management assistant professor Eric Li, along with researchers from the Hong Kong Polytechnic University and the Hong Kong Design Institute, interviewed young Chinese...
Despite the persistent notion in Hollywood that films starring people of color aren’t marketable to a broad audience, the success of Black Panther — a Marvel movie starring a Black superhero and with an almost entirely Black cast — provides a clear counterexample, having grossed $1.3 billion worldwide. New research from the Annenberg School for...
