November 6, 2014
Whether looking at a woman who needs close to $360 to pay her rent or a railroad that needs to be built, financial intermediaries are an economic necessity.
November 5, 2014
Guilty of probability neglect, we should listen to Warren Buffett's advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.
November 2, 2014
As a technological innovation, air conditioning led to a ripple of positive externalities. Affecting how we live and work, it had private and social return.
October 31, 2014
When the Federal Reserve's three basic monetary policy tools did not work, it created quantitative easing to up economic growth and decrease unemployment.
October 30, 2014
While Ebola fear caused raw cocoa futures prices to rise in September, its long term rise has been because of more demand from developing nations.
October 29, 2014
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.
October 28, 2014
Central planning through large firms could not replace the consistency and environmental benefits of a zabaleen system for trash removal In Cairo, Egypt.
October 27, 2014
Because host countries for the Olympics and World Cup spend too much on new stadiums, their subsequent return on investment (ROI) is usually inadequate.
October 26, 2014
While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.
October 24, 2014
October 22, 2014
Electric vehicle subsidies change a slew of incentives that range from car purchases to commuting and parking decisions.
October 21, 2014
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.