Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.
Pondering the Bunker Hill Theory of Inflation
As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.
Three Big Questions About the GDP
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.
Why Greece Would Have a Tough Time With a New Currency
With excessive sovereign debt and bailout problems, Greece may have to switch to a new drachma and endure financial turmoil at home and in the eurozone.
Why the Fed’s Dilemma Just Got Worse
The monetary policy dilemma is when to take the punchbowl away after the party gets going. In other words, have jobs recovered enough to raise rates?
One Reason We Can’t Believe in Innate Talent
Limiting potential economic growth, the myth of innate talent in disciplines like philosophy diminishes the pool of female and Afro-American human capital.
Where to Spend the Most on a Big Mac
Displaying foreign exchange fluctuation, the price of a Big Mac in different countries can be compared to show if a currency is over- or undervalued.
Weekly Roundup: From Burgers to Boomer Demographics
Our everyday economics includes disposable income,competition,externalities, standardization,entrepreneurs,federal budget, R&D, labor and dependency ratios.
What If One Quarter of Your Population is Old?
As a growing demographic, the aging population in China has been targeted by businesses selling consumer goods and residential and financial services.
How Uber Upsets the Status Quo
Labor market innovations are examples of why the people who started Uber can be called high impact entrepreneurs who fuel creative destruction.
