Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.
Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.
GDP problems include that it's not calculated the same way in different countries, its data can be tough to gather, and its components omit important items.
Limiting potential economic growth, the myth of innate talent in disciplines like philosophy diminishes the pool of female and Afro-American human capital.
Our everyday economics includes disposable income,competition,externalities, standardization,entrepreneurs,federal budget, R&D, labor and dependency ratios.
Labor market innovations are examples of why the people who started Uber can be called high impact entrepreneurs who fuel creative destruction.
Winter dibs is about whether you have temporary parking space property rights by shoveling your car out of the snow and if your self interest helps society.
The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.
With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.
Our everyday economic stories involve participation rates, human capital, signaling, ROI, money, price, austerity, personal income, monopoly and bubbles.









