What Would John Maynard Keynes Have Said About Stimulus Spending?

To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.

What We Can Learn From a Happiness Curve

Whether looking at great apes or humans, there is evidence that all of us experience a dip in our happiness curves at a similar stage of the life cycle.

The Connection Between Traffic Jams and Jobs

As the downside of low unemployment, traffic congestion can have an invisible cost that relates to time, gas, and aggravation.

The $4 Trillion Question

Although quantitative easing flooded the banking system with trillions of dollars, we are still debating how much it lifted the economy.

Six Facts: The Impact of Capitalism

With the political debate gravitating toward socialism and capitalism, today we take a look at six facts that tell us about capitalism in four countries.

What Misery Indexes Say About Baseball and the World

Whether ranking baseball team fans or a country’s unemployment and inflation rates, misery indexes can tell us about people’s happiness.

How to Measure Our Misery

The economic way to demonstrate sadness is to look at misery indexes that use macro data to measure changes in our emotions.

A Tale of a New Shopper and an Old Brand

The retail unemployment caused by the decline of J. Crew and other beloved mall stores relates to a structural change in their industry.

Weekly Roundup: From Smart Cars to Dumb Laws

This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.

The Fed’s Inflation Mystery

Usually Federal Reserve interest rate hikes should control inflation but now it is mysteriously missing, even with low unemployment.