October 20, 2014
More than the disease itself, ebola's GDP impact from aversion behavior is rippling through West Africa domestically and in international trade.
October 19, 2014
Embargoing goods from countries that imposed sanctions, Russia included McDonald's and ignored the benefits of David Ricardo's comparative advantage.
October 16, 2014
With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.
October 14, 2014
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.
October 13, 2014
While the BLS has leading, lagging and coincidental economic indicators that it follows, the MUI and the lipstick index can also be an economic indicator.
October 12, 2014
Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.
October 10, 2014
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.
October 9, 2014
The courts will decide intellectual property rights when they say whether Dov Seidman can trademark the word How and stop Chobani from using How Matters.
October 8, 2014
October 7, 2014
October 6, 2014
Retailers face the prisoners' dilemma when deciding whether to keep next day shipping guarantees on December 23rd because a decision relates to what others do.
October 5, 2014
Just like grading human capital, ranking college quality through a single number hides the subjectivity of the process.