Is Good Corporate Citizenship Also Good for the Bottom Line?

Our latest Freakonomics Radio on Marketplace podcast is called “Is Good Corporate Citizenship Also Good for the Bottom Line?”

 
The short answer: yes. That’s the finding of Robert G. Eccles, Ioannis Ioannou and George Serafeim from their recent paper “The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance” :

“We show that there is significant variation in future […]

Today’s Child Poverty Rates: Are We Using the Right Measure?

The official poverty measure was developed in 1963 by a former U.S. Social Security Administration employee who calculated a family’s needs by taking the costs of groceries, which consumed a higher share of a family’s budget back then, and multiplying it by three. At the time, food represented one-third of the expenses for many families.

Fortunately, we have a tool that […]