On March 24, Singapore unveiled an expansionary fiscal budget as part of the city-state’s ongoing drive to increase productivity, cope with economic headwinds, and ready itself for future disruptive technologies such as robotics and information and communications technology (ICT). A sizable part of the budget is also aimed at building a “caring and resilient society.” In other words, there is …

Michael R. Bloomberg / Joe Biden One of the most frightening words a patient can hear from a doctor is “cancer.” We know it from the experience of our families and friends, and the millions of Americans who hear it directly from their doctors each year. In President Barack Obama’s final State of the Union address, he compared the effort …

Inequality is, without a doubt, the hot topic in econ circles these days. Economics conference seminars on the subject are standing-room-only. Columns and blog posts about inequality are widely read and discussed, and Thomas Piketty’s book was a bestseller. But the question of how best to measure the phenomenon continues to be a contentious topic of debate. The most common …