The National Oceanic and Atmospheric Administration this week released its list of climate events that have had the greatest economic impact on the US from 1980 to 2017. At $306 billion, last year’s sustained costs due to weather disasters was 43 percent higher than in 2005, which had hurricanes Katrina, Rita and Wilma. Hurricane Harvey alone caused $125 billion in ...

Behavioural economics has always met with a bit more resistance than it deserved. This is true even though a number of behavioural researchers have won the Nobel—Daniel Kahneman, Robert Shiller and Richard Thaler just last year. Despite this and other forms of official recognition at the highest levels, there continue to be some economists who have an almost instinctive aversion ...

Don’t be too derisive of Eastman Kodak Co.’s yearning to reclaim its lost glory by jumping on the crypto bandwagon. If the dotcom bubble holds any lessons, the blockchain gravy train might have plenty to go around yet. Investors aren’t waiting to see if the proposed KodakCoin is just a fad, or the real new, new thing for a company ...