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November 5, 2015
November 5, 2015
Why It’s Tough to Place the Poverty Line

Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.

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November 2, 2015
November 2, 2015
Why China’s Two-Child Policy Might Not Work

Although China has said it will replace its one-child policy with a two child limit, small families remain a social norm that will be tough to change.

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October 29, 2015
Everyday Economics — Oil stories
October 29, 2015
The Impact of a Legendary Economics Curve

Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.

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October 27, 2015
productivity questions
October 27, 2015
Solving the Mystery of the Disappearing Workers

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.

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October 25, 2015
October 25, 2015
The Diner’s Dilemma: Should You Divide the Check Equally With Friends?

Like the tragedy of the commons, splitting a bill among friends at a restaurant involves an individual's marginal benefit and the group's marginal cost.

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October 23, 2015
October 23, 2015
Why Our Kids Will Not Care For Us When We Are Old

Because of aging populations in the developed world and in China, concern about care for the elderly and rising dependency ratios have increased.

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October 21, 2015
October 21, 2015
An Update: What We Need to Know About the Debt Ceiling

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.

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October 18, 2015
October 18, 2015
Deciding If We Should Be More Like Denmark

While Denmark has universal healthcare, family benefits and pays for college, its social welfare system requires high taxes and other sacrifices.

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October 14, 2015
Weekly Economic News Roundup and Nobel Economics Prize
October 14, 2015
A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

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October 5, 2015
October 5, 2015
The Connection Between Your Credit Score and Your Love Life

Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.

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October 2, 2015
October 2, 2015
The Importance of Accurately Estimating When We Will Die

Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.

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September 30, 2015
September 30, 2015
Part 1: Understanding the Student Loan Crisis

The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.

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