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November 30, 2014
Everyday Economics — Oil stories
November 30, 2014
Three Graphs That Tell the Whole Oil Story

Following the law of supply, U.S. shale oil firms will lower output because OPEC is letting price plummet but airlines on demand side like lower prices.

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November 27, 2014
Weekly roundup and income inequality
November 27, 2014
A Bigger (Thanksgiving) Pie or Equal Slices?

Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.

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November 4, 2014
financial regulation
November 4, 2014
The Benefits of Perpetual Federal Debt

Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit.

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October 30, 2014
Everyday Economics: Changes in supply and demand for many reasons increased the price of chocolate.
October 30, 2014
Is Ebola Threatening the Price of Chocolate?

While Ebola fear caused raw cocoa futures prices to rise in September, its long term rise has been because of more demand from developing nations.

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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 27, 2014
empty sports stadium
October 27, 2014
The Reason Norway Said No to the Olympics

Because host countries for the Olympics and World Cup spend too much on new stadiums, their subsequent return on investment (ROI) is usually inadequate.

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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 16, 2014
aging population pyramids
October 16, 2014
The Best Places For Growing Old

With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.

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October 14, 2014
Everyday economics of LED bulbs
October 14, 2014
The Unexpected Consequences of More Efficient Lighting

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.

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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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August 31, 2014
A NASA satellite image of the world's night lights conveys economic information about developed and developing countries.
August 31, 2014
Bedtime Stories… About the Economy.

From statistics and a satellite image of the world at night, we can see that developing countries lack the electrification they need for economic growth.

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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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