December 25, 2017
Estimating Santa's salary is a specific task that takes us to the broader issue of whether the GDP should include unpaid work.
December 24, 2017
Perhaps comparable to Alphabet's (Google's) X subsidiary, the old AT&T's Bell Labs produced invention that became breakthrough technology.
December 21, 2017
When we receive presents that disappoint us, gift giving creates deadweight loss that diminishes the economic boost from holiday spending.
November 13, 2017
November 6, 2017
November 2, 2017
For all economic crises, some economists tell us, "This time it's different," while others disagree with their new solutions.
October 22, 2017
For the next bite of a doughnut or the next try at a pumpkin slingshot, economist Alfred Marshall's marginal analysis helps you decide whether to say yes.
October 20, 2017
October 18, 2017
October 13, 2017
Enabling the newest massive container ships to travel to the East Coast, the Panama Canal expansion changed the world's transportation infrastructure.
October 10, 2017
For his public policy nudges and his contributions to behavioral economics, Richard Thaler will get the 2017 Nobel Memorial Prize in Economics.
October 9, 2017
