Business & Economics
Updates every hour. Last Updated: 11-Jul-2025 04:11 ET (11-Jul-2025 08:11 GMT/UTC)
Long before the L.A. fires, America’s housing crisis displaced millions
University of Southern CaliforniaPeer-Reviewed Publication
- Journal
- RSF The Russell Sage Foundation Journal of the Social Sciences
When you tax people’s wealth, they save more
University of Texas at AustinWith Uncle Sam running chronic trillion-dollar deficits, one proposal to increase revenue has been to raise it from the wealthiest Americans: through a tax, not on their yearly income, but on their accumulated wealth.
U.S. Sen. Elizabeth Warren, D-Mass., introduced one version of a wealth tax, which would tax net worth over $50 million at 2% and net worth over $1 billion at 3%. But it’s never come to a vote, and critics charge it would reduce gross domestic product, partly by reducing people’s incentives to save money.
But new research from Texas McCombs questions whether wealth taxes reduce savings. Marius Ring, an assistant professor of finance, investigates the real-world effects of a wealth tax in Norway — one of the few countries that currently implements one.
- Journal
- The Review of Economic Studies
Want to improve teamwork between employees? New study reveals leadership tactics to make it happen
Binghamton UniversityPeer-Reviewed Publication
- Journal
- ACM SIGMIS Database the DATABASE for Advances in Information Systems
Tree crops crucial for sustainable development
University of GöttingenPeer-Reviewed Publication
Tree crops – for example, apple, cherry, olives, nuts, coffee, and cacao – cover more than 183 million hectares worldwide, yet remain largely overlooked in agricultural policies, despite their critical role in achieving the United Nation’s Sustainable Development Goals (SDGs). An international research team, with the participation of Göttingen University, highlight how these crops are not only essential to feed the world and for global economies, but also hold immense potential for protecting biodiversity and the climate, as well as improving livelihoods for millions of people worldwide. The findings were published in a Perspectives article in Nature Sustainability.
- Journal
- Nature Sustainability
Clark University launches School Of Climate, Environment, and Society and names inaugural dean
Clark UniversityBusiness Announcement
In a vital effort to address our planet’s most profound and urgent challenges through a distinctive lens, Clark University has announced the establishment of the School of Climate, Environment, and Society, to open in Fall 2025.
The school elevates Clark’s historic academic strengths and leading-edge research to embolden an urgently needed response to climate change and related ecological and social crises. To address these challenges, society needs a better way of understanding our world. Clark programs will advance critical systems thinking that integrates learning from across traditional disciplines like economics, political and social sciences, natural sciences, data sciences, the humanities, and business — empowering students and faculty to pursue innovative and human-focused approaches to global problems on a local, regional, and planetary scale.
University of Houston study on hemp may lead to more sustainable farming methods
University of HoustonPeer-Reviewed Publication
A new University of Houston study of hemp microbes may lead to more sustainable farming methods, using nature to boost the growth of the plant which has become increasingly popular for its versatile uses: CBD-rich varieties are in high demand for pharmaceutical products, while fiber-rich varieties are valued for industrial applications like textiles.
- Journal
- Nature