July 17, 2015
As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.
July 16, 2015
The currency part of a money supply needs three basic characteristics that relate to value and also usually a design that reflects a national identity.
July 13, 2015
When Starbucks says it's raising prices, the increases depend on the U.S. location because of the difference in purchasing power parity.
July 12, 2015
The cost of a natural disaster tends to be higher in dollars in developed nations and in victims in the developing world.
July 10, 2015
Legalizing recreational marijuana, government has created environmental negative externalities by substantially increasing the number of local growers.
July 8, 2015
July 7, 2015
Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.
July 6, 2015
As the automation of airplanes and autos increases, human capital questions have to be answered about whether we are safer when people know more or less.
July 3, 2015
The film industry gender gap displayed behind the scenes and in front of the camera through male domination reflects expectations bias.
July 2, 2015
When Uber, Lyft and others in the sharing economy create a new category of jobs, outdated labor laws can create negative externalities.
July 1, 2015
Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.
June 30, 2015
To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child's human capital.