All that advice about taking a deep breath, focusing on the long term and not obsessing about the balance in your retirement accounts as the markets take a wild ride sounds a lot better when you’re not headed toward retirement soon.
Driverless cars may mean fewer crashes and more productive time on the road but not necessarily less traffic congestion, says research by PSTC Professor of Economics Matthew Turner.
Climbing the socioeconomic ladder can prove challenging for many low-income students, but a recent study co-authored by Associate Professor of Economics John Friedman shows that poor students and their rich counterparts who attend similarly ranked colleges end up with comparable earning outcomes after graduation. The study, covered by Business Insider, also notes that some colleges are more successful than others in boosting low-income students' chances of upward mobility.