The United States gives out roughly 25 billion dollars a year in foreign aid projects. Is that money ending up in the right hands and what is it accomplishing? Michael Tierney (College of William and Mary) and his colleagues have created AidData to allow the public to follow the money.
Also featured: Biologists have used game theory to explain the rise and fall of species. Now Atin Basu (Virginia Military Institute) and fellow economists have applied evolutionary game theory to the greatest organism of all: human civilization. They believe the lack of “foresightedness” in a culture can explain the fall of a civilization.