A new study by economists Zidar and Zwick reveals that America's "everywhere millionaires"—business owners of car dealerships, restaurants, and other Main Street enterprises—collectively represent wealth comparable to or exceeding billionaires, yet remain largely invisible to public discourse. Nearly five million households worth at least $5 million constitute what the researchers call a new American wealth class, hidden in plain sight through ordinary businesses.
An article exploring forgotten keyboard symbols from 20th-century computers, particularly IBM systems and early PCs. It contrasts the European preference for iconography versus American reliance on text labels, and discusses how most symbolic keys (Insert, Delete, Home) were eventually replaced by modern text-based interfaces, though a few symbols like Shift and Enter remain widely used today.
Since 1965, over 1 million people have been murdered in America with 300,000 cases unsolved, reflecting broader challenges in crime prevention across multiple categories. The article examines crime through a rational-agent framework, arguing that criminal behavior responds to changes in costs and benefits, and that beliefs about others' behavior and police effectiveness significantly influence crime rates through mechanisms like increased weapon carrying and reduced witness cooperation.
Employer-sponsored health insurance in America is undergoing transformation as rising premiums, consumer expectations for better care experiences, and AI-enabled cost reduction create opportunities for alternative health plans to disrupt a $1 trillion market dominated by legacy providers for decades.