Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live.

Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live.

The data don't lie: a Chicago street prostitute is more likely to have sex with a cop than to be arrested by one.

Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.

People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.

The key to learning is feedback. It is nearly impossible to learn anything without it.

Information is a beacon, a cudgel, an olive branch, a deterrent--all depending on who wields it and how.