Articles by Justin Fox, Bloomberg Opinion

Justin Fox is a Bloomberg Opinion columnist covering business. He was the editorial director of Harvard Business Review and wrote for Time, Fortune and American Banker. He is the author of β€œThe Myth of the Rational Market.”

Traffic Cameras Could Help Reduce Racism in Traffic Enforcement: Opinion

Speed cameras made their U.S. debut in 1986 in Galveston County, Texas. The Swiss-made devices, dubbed “PhotoCops” by the local company that lent them to police departments in exchange for a cut of the ticket revenue, seem to have been …

Trucking Can Be Deadly. And Not Just For Truckers.: Viewpoint

Of the major industries for which the Bureau of Labor Statistics reported workplace fatality rates for 2018, truck transportation was the most dangerous, with 28 deaths per 100,000 full-time-equivalent workers. To be sure, there are jobs more dangerous than driving …

Examining the Higher Death Rate for Older Workers: Viewpoint

U.S. workplaces have gotten a lot safer over the course of the past century. In 1913, the Bureau of Labor Statistics estimated that there were 23,000 “industrial deaths,” or 61 for every 100,000 workers. In 2018, the number of what …

Teens Still Not Driving Like Teens Used To: Viewpoint

The much-discussed collapse in teenage driving in the U.S. seems to have ended a few years ago. But the less-discussed recovery, which I wrote about last year, seems to be over, too. Newly released data from the Federal Highway Administration …

Financial Services Provides Plenty of Jobs – from Coast to Coast: Opinion

There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of New …

Why the Missouri River Is Just Going to Keep On Flooding: Viewpoint

The Missouri River used to be out of control. “It cuts corners, runs around at nights, fills itself with snags and traveling sandbars, lunches on levees, and swallows islands and small villages for dessert,” is how the humorist George Fitch …

Connecticut’s Great Depression May Soon Be Over: Fox

Big news! Going by third-quarter state gross domestic product data that were just released, Connecticut’s economy is on track to grow more than 2 percent in 2018! That’s … not much. But it’s better growth than the state has seen …

As On-Demand Economy Grows, Professor Sees New Kind of Capitalism Emerging

It goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy.” Arun Sundararajan, a professor at New York University’s Stern School of Business who has been studying the phenomenon for several years, favors “crowd-based capitalism.” But he …

An Aging America Losing Its Appetite for Risk: Viewpoint

Twenty years ago, Dutch journalist Sheila Sitalsing sat down with a demographer at the country’s statistics office to talk about how aging would change the Netherlands. His prediction, she recounts in a column that’s the most-read thing on the website …

Warming to Alternative Classifications for Gig Economy Workers

Judges and juries around the country are being asked to decide whether Uber and Lyft drivers and other participants in the “gig economy” are really independent contractors or just employees in disguise. But what if they’re something else altogether? Vince …