Shown by auctions of Nobel prize medals from recipients like Simon Kuznets and James Watson, through markets, the price system conveys information.
As the pill, education and employment opportunities changed the value of women as wives, the tradeoffs that relate to being married have also changed.
Because men and women associate competence, confidence, and authority with a deeper voice, gender inequality can be caused by how women speak.
With better school attendance and learning, and then higher work productivity, the positive externalities of childhood vaccination have an economic impact.
The tax breaks we give films, the taxes owed by stars for their gift bags and the winners' speeches at the Academy Awards all show there is no free lunch.
Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.