From semiconductors to artificial intelligence, concerns about economic espionage have become a central feature of geopolitical competition. But one fundamental question has remained surprisingly difficult to answer: does stealing technological knowledge actually improve economic performance?

When a restaurant adopts a delivery platform, it gains access to new markets and a workforce outside its own payroll. This changes the boundary of the firm: tasks that once had to be done inside the restaurant, or were too...

Will generative AI mainly replace workers, or will it increase living standards? This study responds “yes” to both.

New evidence shows that sustained exposure to dirty air can harm health for decades and can lower lifetime earnings.