China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.
While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.
New attitudes that value marriage less and new economics through which women have more pay and education and men work less have changed marriage markets.
With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.
Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.
Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.
Just like grading human capital, ranking college quality through a single number hides the subjectivity of the process.
Knowing about how and when creative people achieve optimal productivity is important because of the connection between human capital and economic growth.
We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.
According to Ronald Coase, if reclining in an airline seat creates a negative externality, both parties can negotiate because the transaction costs are low.
Whereas natural disaster preparation can save lives, it might have too high an opportunity cost to make sense or be a ShakeAlert that has been proven.












