Econ Focus

Cover Story: The Price is Right? Has the financial crisis provided a fatal blow to the efficient market hypothesis?

Cover Story: Measuring Quality of Life: How should we assess improvements to our standard of living?

Economists and policymakers often use average income as a way to gauge a country's "standard of living." But income alone doesn't capture overall quality of life. Should policymakers use other measures — including health, education, and even aggregate happiness — when making economic policy?
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Cover Story: Reforming the Raters: Can regulatory reforms adequately realign the incentives of credit rating agencies?

Cover Story: Know When to Fold 'Em: How the corporate bankruptcy system benefits and hinders the economy