Through his Reproducibility Project, Brian Nosek shows that scientific accuracy can be assessed through replication of results and prediction markets.
Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.
Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.
One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.
A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.
The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.
Always contentious, the federal budget needs to be approved by October 1st or a continuing resolution needs to enable discretionary federal spending.
For pure enjoyment The Martian is a good read but also it helps us recognize how travel to Mars has and will have positive externalities on earth.
By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.
While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China's economic growth is tough to predict.
Currently slowing down, China's economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.
For major OECD countries and the U.S., the source and destination for healthcare spending reflect national values about limited government.





