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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 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 2, 2014
The banks and insurance companies are financial intermediaries that avoid legal marijuana business.
October 2, 2014
Marijuana Money Problems

Colorado's marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.

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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 24, 2014
Everyday Economics of the iPhone 6 supply chain
September 24, 2014
What Do iPhones and Pencils Have in Common?

Whether looking at the supply chain for a pencil or an iPhone 6, we see globalization because price system incentives create cooperation.

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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 28, 2014
Starbucks tall latte index
August 28, 2014
The Path of the Shifting Center of Global Economic Power

Led by Chinese economic growth and other emerging markets, the center of economic gravity is moving eastward from the developed world to Asia.

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July 31, 2014
Violating the sanctity of contracts, Argentina has again defaulted on her sovereign debt and diminished her ability to borrow.
July 31, 2014
Argentina's (Long) Default History

With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.

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July 28, 2014
Calculating the GDP involves many decisions and using it can be controversial as in Greece.
July 28, 2014
Why the GDP is Much More Than a Number

Seemingly just a statistic, how we calculate the GDP and how it is used can be controversial and affect the lives of millions of people.

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