How do you create an entrepreneurial renaissance in a downtrodden city, especially after the Great Recession has wreaked havoc on the local economy? The lesson from Reno, Nevada, is that it can be done. The key is to resist the temptation to emulate others and instead focus on your own...

Though several states have legalized marijuana use, the drug remains illegal under federal law. Not surprisingly, the United States Patent and Trademark Office (USPTO) refuses to register trademarks related to marijuana because of the federal prohibition. What is surprising, though, is the...

This article investigates and measures the frequency, fairness, and efficacy of exit bans in China. We limit our definition of “exit bans” to civil business disputes between a foreign businessperson and his or her local Chinese counterpart, where the foreigner is prevented from leaving...

The shutdowns stemming from COVID-19 revealed the need for emergency cash savings, especially for unbanked and low- to middle-income people. As COVID-19 emerged, the US turned to impromptu solutions like government stimulus payments and expanded unemployment benefits. But those solutions were...