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New Evidence on Insurance and Health Behavior

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Public health officials have long sought to improve health outcomes by influencing bad behaviors, like smoking or lack of exercise. Such behaviors are very clearly detrimental to health, so much so that it seems like no one would perform them—but people inevit... More »

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The Race to the Starting Line: The Rise of CBDCs

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Data analysis and visualizations by Vishal Joseph.In the past decade, the value of cryptocurrencies and digital assets has grown exponentially, rising from $14 billion in 2015 to $2 trillion this March (Fig. 1).Figure 1: The market capitalization of cryptocurr... More »

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Do the Ends of Nudge Policy Justify the Means?

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What difference can a suggested contribution make for your retirement? In 2016, the United States’ “Thrift Savings Plan” included a recommended contribution rate, or ‘anchor rate,’ in its email messaging to the plan’s participants. This relatively low-cost nud... More »

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Who Benefits From Student Debt Cancellation?

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As of August 2021, roughly 44 million Americans held a cumulative $1.57 trillion in student debt. Student debt held by Americans has doubled since 2008 and is growing faster than any other form of household debt. In fact, the average household today has nearly... More »

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A Quick-Reference Guide to Climate Change Terminology

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In November the United Nations held the 26th global climate summit, the Glasgow Climate Change Conference, or COP26. Delegates from almost 200 countries discussed items ranging from membership in the UNFCCC and compliance with the Paris Agreement to Green Fina... More »