What Outer Space Adds to the GDP

When we hear about a red Tesla with a Starman inside orbiting the sun, we can think of a growing space economy that is adding to the GDP.

Why We Should Care About Economic Uncertainty

It is likely that the economic uncertainty created by changes in trade regulations will affect business investment, consumer spending, and the GDP.

What We Eat and What We Waste

Finding out what we eat, what we waste, and what we spend on our food can depend on the decade we look at and when we were born.

How to Calculate the Cost of a Disaster

To determine the disaster cost of weather and climate events, the U.S. government has to decide what to include and how to assess the value.

The Best Way To Measure Happiness

When we compare Bhutan’s gross national happiness (GNH) to its gross domestic product (GDP, we could decide if happiness relates to economic growth.

Six Facts About Disaster Economics

When natural disasters like hurricanes, massive snowstorms, and wildfires strike a region, their economic impact is far more than the clean-up.

The Best Reasons For Later School Start Times

In addition to teens’ mental health, we can support later school start times with cost benefit analysis that focuses on the economy.

The Economic Yardstick That (We Don’t Know) We Need

Please think GDP for a moment. Reported and revised during each quarter, GDP numbers create a reaction. If the growth rate is high, lawmakers assume their policies are working. When the numbers are lower, people wonder how to boost them.…

Weekly Roundup: From Shopping More to Driving Less

Our everyday economics includes tradeoffs, debt ceiling, fiscal policy, GDP, productivity, entitlements, regulation, autonomous vehicles, and innovation.

The Reason This Winter Was Not So Bad

NOAA’s high impact snowstorm ranks relate to economic growth through municipal snow removal costs, closed businesses, and the supply chains that halted.