April 13, 2015
While death rates are a seemingly easy way to assess healthcare spending, other perspectives like DALYs could be better when we consider the tradeoffs.
April 12, 2015
April 11, 2015
Our everyday economics includes gender gap, human capital, competition, regulation, opportunity cost, money supply, currency and conspicuous consumption.
April 8, 2015
Although paper currency is just one part of a money supply, a special design like Norway's new kroner notes conveys an inspirational message.
April 7, 2015
Purchasing less expensive luxury goods like Prada and Louis Vuitton, China's growing middle class displays Thorstein Veblen's conspicuous consumption.
April 4, 2015
Our everyday economics includes human capital, incentives, behavioral economics, cost and benefit, exports, tradeoffs, inequality, risk,markets, and income.
April 3, 2015
With the human capital in elite jobs dominated by Ivy League or other prestigious schools graduates, we can ask if it's those diplomas that really matter.
March 28, 2015
March 27, 2015
Because he revised his country's inaccurate deficit and received Eurostat approval, Greece's chief statistician might be prosecuted for "breach of faith."
March 26, 2015
March 26, 2015
An innovation being sold to manufacturers, jars with slippery interior surfaces will create positive externalities by lessening waste and saving time.
March 21, 2015
Our everyday economics includes tradeoffs, debt ceiling, fiscal policy, GDP, productivity, entitlements, regulation, autonomous vehicles, and innovation.