Economists find evidence for famous hypothesis of ‘comparative advantage’
June 19, 2012Why do nations trade goods instead of producing more themselves? An old theory, that countries specialize in the products they make well, may be on the money.
3 Questions: Andrew Lo on JP Morgan’s multibillion-dollar trading loss
May 30, 2012MIT financial markets expert addresses the need for better risk management — and a simple way to tell if JP Morgan’s failed gamble was a trade or a hedge.
Our complex food future and how to respond
March 1, 2012Today’s global challenges will significantly affect how we grow our food. But these challenges are so complex and intertwined that response measures require collaboration and a broad, integrated lens.
When (and where) work disappears
February 24, 2012Study: Overseas manufacturing competition hits U.S. regions hard, leaving workers unemployed for years and local economies struggling.