Queuing cars help show how Russia failed to diversify its economy

Innovation and private enterprise have yet to challenge the energy sector's centrality

Rana Freifer

What Is a Life Worth?

The COVID-19 pandemic has raised fundamental questions about how to balance the protection of public health and the protection of the economy. How should authorities weigh the risk of illness and…

W. Kip Viscusi

Mass Consumption Is What Ails Us

The effectiveness of our protections against future pandemics will hinge upon how we think about where they come from. The emerging conventional wisdom casts pandemics as fundamentally inscrutable…

Sonia Shah