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October 29, 2014
Everyday Economics: Displaying a regression to the world mean, China's real economic growth rate might be less than most people expect.
October 29, 2014
How Chinese Economic Growth Relates to Restaurants and Pilots

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.

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October 26, 2014
Everyday economics: A misery index number conveys the potential distress created by unemployment and inflation.
October 26, 2014
An Economist’s Definition of Misery

While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.

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October 21, 2014
Because of new attitudes and economics, there is less supply of "marriageable" men and more valuable women in marriage markets.
October 21, 2014
Why There is Less Marriage

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.

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October 16, 2014
aging population pyramids
October 16, 2014
The Best Places For Growing Old

With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.

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October 14, 2014
Everyday economics of LED bulbs
October 14, 2014
The Unexpected Consequences of More Efficient Lighting

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.

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October 12, 2014
Everyday economics and human capital formation
October 12, 2014
When Does Practice Really Matter?

Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.

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October 5, 2014
mobile talent
October 5, 2014
The Problems With College Ranking

Just like grading human capital, ranking college quality through a single number hides the subjectivity of the process.

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September 28, 2014
Everyday economics for government pension plan
September 28, 2014
When You Can Expect to Be Most Creative

Knowing about how and when creative people achieve optimal productivity is important because of the connection between human capital and economic growth.

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September 14, 2014
It would be beneficial for households and national economic growth if the U.S. saving rate were raised.
September 14, 2014
The Nudge Toward a Goldilocks Savings Rate

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.

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September 3, 2014
Arthur Ashe Stadium
September 3, 2014
Using Prediction Markets to Catch Match-Fixing at Wimbledon

When supply and demand in tennis match prediction markets created illogical prices, researchers said that 3 matches at Wimbledon might have been fixed.

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August 29, 2014
Weekly Economic News Roundup and airplane seat
August 29, 2014
Solving the Airplane Seat Problem

According to Ronald Coase, if reclining in an airline seat creates a negative externality, both parties can negotiate because the transaction costs are low.

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August 27, 2014
Everyday Economics: With opportunity cost, planners can decide how much natural disaster preparation is worth the tradeoff.
August 27, 2014
The Costs of Being Prepared for a Natural Disaster

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.

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