The platitude that failure leads to success may be both inaccurate and damaging to society, according to research published by the American Psychological Association. Researchers conducted 11 experiments with more than 1,800 participants across many domains and compared national statistics to the participants’ responses. In one experiment, participants vastly overestimated the percentage of prospective nurses,...
Commerce
How Much Do You Need to Know About How Your Spouse Spends Money? Maybe Less Than You Think
Love is in the air, and wedding season is upon us. Like many elder millennials, I grew up watching sitcoms in the 1980s and ‘90s. Whenever those series needed a ratings boost, they would feature a wedding. Those special episodes taught me that weddings usually involve young lovebirds: think Elvin and Sondra from “The Cosby...
American Slavery Wasn’t Just a White Man’s Business − New Research Shows How White Women Profited, Too
As the United States continues to confront the realities and legacy of slavery, Americans continue to challenge myths about the country’s history. One enduring myth is that slavery was a largely male endeavor — that, for the most part, the buying, selling, trading and profiting from enslavement were carried out by white men alone. While...
Basic Income Can Double Global GDP While Reducing Carbon Emissions
Giving a regular cash payment to the entire world population has the potential to increase global gross domestic product (GDP) by 130%, according to a new analysis published June 7 in the journal Cell Reports Sustainability. Researchers suggest that charging carbon emitters with an emission tax could help fund such basic income program while reducing environmental...
How Midwestern States Are Courting Taiwanese Investment
Despite Illinois’s trade ties with Taiwan, other Midwest states have taken steps that Illinois hasn’t to deepen their government’s relationship with Taipei. The Midwest lies thousands of miles from the Taiwan Strait, but it’s still buffeted by turbulent cross-strait relations. Illinois and its neighbors have always had to weigh the concerns of both Taiwan and...
Musk’s X Is Allowing Users to Post Consensual Adult Content, Formalizing a Prior Twitter Policy
The social media platform X says it will now formally allow people to show consensual adult content, as long as it is clearly labeled as such. The move makes official a policy already in place when the platform was known as Twitter, before billionaire Elon Musk purchased it in 2022. In a recent update on its website,...
Marketers Can Manage ‘Feature Creep’
Wifi-enabled washing machines. Voice-controlled microwaves. App-enabled TVs, vacuum cleaners, and even window blinds you can control from the comfort of your couch. Many of the technological features now included in everyday products are useful and accessible. But research has shown that having too many can overwhelm potential buyers, making them less likely to make a purchase. In...
New Study Shows Unique Findings on SPAC-IPO Filings
Is honesty the best policy? New research from Derek Harmon, assistant professor of strategy, shows that when filing a special purpose acquisition company initial public offering, or SPAC-IPO, being honest about uncertainty may be key to funding success. Three Key Takeaways SPAC-IPO filings are more successful in financing when they openly communicate the uncertainty associated with...
History Says Tariffs Rarely Work, but Biden’s 100% Tariffs on Chinese EVs Could Defy the Trend
Hundreds of BYD vehicles wait at a port in Suzhou, China, to ship out. AFP via Getty Images In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”...
Facebook Marketplace Is Home to Steals and Deals—and Serious Trust Issues
Love it or hate it, Facebook Marketplace is the largest online resale site today with more than one billion monthly users. A new study conducted by UBC researchers sheds light on the intricate web of trust, privacy and safety factors shaping users’ experiences on this popular platform. Researchers interviewed 42 Facebook Marketplace buyers and sellers...