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December 28, 2014
Everyday econ omics and the metric switch
December 28, 2014
Why the Metric Switch is so Tough

The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.

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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 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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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 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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August 12, 2014
Everyday Economics: The Contents of Refrigerators, Supply and Demand, and Global Markets
August 12, 2014
What Refrigerators Can Tell Us About Global Markets

In refrigerators in developing nations, we can see the impact of affluence on their diet and on supply and demand that will change worldwide food prices.

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August 11, 2014
weekly economic roundup and pension income systems
August 11, 2014
Will You Get Your Social Security Benefits?

The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits.

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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 29, 2014
With factions in Greece resisting further austerity, a sovereign debt problem could resurface.
July 29, 2014
Greece Again?

With more austerity resistance to government spending cutbacks, Greece could again be heading for a sovereign debt default and a bailout.

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July 25, 2014
Everyday economics and the tire tariff had a visible benefit and a much greater invisible cost.
July 25, 2014
The Inflated Cost of Car Tires

Because the benefits of the tire tariff are concentrated while its cost is diffuse and invisible, government tend to create this type of regulation.

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July 4, 2014
Weekly Economic News Roundup and economic independence from Alexander Hamilton
July 4, 2014
Celebrating Economic Independence

Yes, the […]

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April 27, 2014
In Russia now, and 35 years ago in the US, stagflation is a tough problem.
April 27, 2014
When Did We Get “Tough Love” From the Federal Reserve?

Demonstrating […]

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