Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.
Electrification Insight From a Stunning NASA Map
African development continues to be constrained by problems with electricity generation and access to electricity that affect productivity and mobility.
The Significance of Potty Parity
Called potty parity, equal access to public restrooms for women and men is a gender issue that creates negative externalities for women at work and leisure.
A New Kind of Map Where Norway is Next to Peru
To grasp the huge size of the U.S. GDP we can identify countries that have similar nominal output to individual states like California and Brazil.
Where to Spend 100 Trillion (Zimbabwe) Dollars
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
Less Choice Fatigue at Whole Foods
With Whole Foods ranking produce as unrated, good, better, best, they are simplifying shoppers’ decision making and minimizing choice fatigue.
The Cost of the Squeegee Men
Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.
Weekly Roundup: From Greek Games to Tennis Matches
Our everyday economics includes externalities, branding, monopolistic competition, sovereign debt, game theory, elasticity, taxes, markets and the glass ceiling.
Why China Wants to be Called a Market Economy
Ignoring Adam Smith’s ideas, the EU will probably tell us by 2016 that China has a market economy because the World Trade Organization requires a decision.
Finding the Cracks in the Glass Ceiling
Wage data from 1981 to 2012 show that women who are top earners have made progress in cracking the glass ceiling but their numbers remain relatively low.
