It is a mystery whether college matters because it creates better human capital or creates signals that indicate graduates completed a long-term task.
The Mystery of the Disappearing Workers
Partially reflecting more women in the labor force, the participation rate rose from the 1970s until recently but now the mystery is why it is falling.
Weekly Roundup: From Drinking Behavior to Dating Decisions
This week’s everyday economics involved 6 economists and such ideas as product differentiation, behavioral economics, marginal utility, price and trade.
How Men Act When They Outnumber Women
How gender ratios in the U.S. and China affect men’s financial behavior can be explained with supply and demand and behavioral economics from Gary Becker.
Understanding a New Tax Issue
With the House requiring dynamic scoring of tax legislation from the CBO, the bigger tax debate resurfaces on how much redistribution and spending.
How the EU is Like a Dysfunctional Family
Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.
What Happens When People Pollinate Better Than Bees?
Pricing ecosystems and the market’s practical and ethical dilemmas take us to Malthusian economics and the difficulty of finding a valid conservation tool.
All-You-Can-Eat Buffet Economics
Explained by Alfred Marshall and evident at restaurant buffet tables, the idea of diminishing marginal utility shows how marginal analysis is valuable.
What a Blind Taste Test Showed About Beer
Behavioral economic ideas show that product differentiation and consumer preference are more from branding than the taste of colas or beers.
Weekly Roundup: From Marijuana to the Metric System
Our everyday economics include globalization, opportunity cost, inflation, employment, monetary policy, negative externalities, recession, business cycle.
