Economics

American economists Robert E. Hall and Michael Woodford won the Nobel Prize in Economics for pioneering microfoundations in stabilization policy, transforming global central banking.

Cities worldwide fiercely compete to host Formula 1 races, investing heavily for massive economic returns, tourism boosts, and global exposure, as seen in Madrid and Miami.

Tel Aviv chef and restaurateur Tal Rashevsky opens up the numbers behind his empire, explains why he is not willing to compromise for less, and reveals which of his businesses is not profitable but remains open.

Prof. Philippe Aghion, winner of the 2025 Nobel Prize in Economics, has built a model that may help the world survive the AI revolution. In a special interview with Globes, he explains why one should not protect jobs during the transition phase, how "the obsession with punishing the rich will make us all poor," and why Israel might miss the opportunity to become the economic leader of the region.