What Kind of Consumer Are You?

Looking at 18 countries, we would see that the interplay of health and wealth during the coronavirus pandemic has affected consumer behavior.

What Kind of Consumer Are You?

Looking at 18 countries, we would see that the interplay of health and wealth during the coronavirus pandemic has affected consumer behavior.

Weekly Roundup: From Robot Servers to Shrimp Farmers

Our everyday economics includes wages, externalities, productivity, income, tradeoff, taxes, fiscal policy, gender, human capital and comparative advantage.

How Much Your Sleep Costs You

Personal income relates to how long we sleep. Less sleep can diminish the productivity that brings a higher wage. But also, less sleep means more work time.

Why Starbucks Coffee Costs More in California

When Starbucks says it’s raising prices, the increases depend on the U.S. location because of the difference in purchasing power parity.

Weekly Roundup: 6 Mysteries

Our everyday economic stories involve participation rates, human capital, signaling, ROI, money, price, austerity, personal income, monopoly and bubbles.

A Mystery: Trying to Find the Middle Class

While everyone refers to the middle class and most of us say we are in the middle class, few know the characteristics of the group to which they refer.

The Mystery of Why Grads From 4 Year Colleges Earn More

It is a mystery whether college matters because it creates better human capital or creates signals that indicate graduates completed a long-term task.