Videos
Incentives Are For Losers Featuring Adam Mastroianni
Adam Mastroianni and Russ Roberts explore what it takes to do the right thing when the incentives point the other way.
September 14, 2026
Like earlier transformative innovations, AI could power the next era of economic growth. But concerns about jobs, misinformation, and political disruption have fueled calls for preemptive regulation, raising a central question for America: how can it address AI’s risks without suppressing its potential?
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Is Minimum Wage A Dead End?
Minimum wage policy is intended to increase earnings for low-wage workers and reduce poverty. Evidence from state-level increases, however, shows that businesses may respond by changing how many people they employ, how many hours they offer, whom they hire, and how much work they automate. Workers who remain employed may earn more per hour, but others may lose income or job opportunities, while many of those who benefit do not live in poor households. The Earned Income Tax Credit (EITC) directs support toward low-income working families without putting other workers’ jobs or hours at risk.
Articles
Money and Power: Historical Lessons for Stablecoins and U.S. Dollar Dominance
Economics Working Paper 26126
September 8, 2026