Elaine Schwartz

July 14, 2014

Adam Smith and Traffic Lights

Located 30 miles from Cape Cod, Massachusetts, the island of Nantucket has no traffic lights. Instead, drivers respond to stop signs, rotaries, and courtesy. More often […]

July 13, 2014

Chart of the Week: To Which Job Will Your College Major Take You?

Our Sunday chart of the week Just some human capital facts today… Showing the proportion of people from a college major that go to a certain […]

July 7, 2014

The Difference Between India's Stories and Statistics

There is a village in Southern India called Kadapakkam. It had been a home to farmers and fishermen whose thatched huts had no running water and no electrical appliances. At traditional tea shops […]

July 6, 2014

A Speedy Summary of Spending in the US Federal Budget

Right now, the Congress is supposedly debating the 2015 federal budget. Because the new fiscal year begins October 1, their deadline is September 30. But not […]

July 4, 2014

Celebrating Economic Independence

Yes, the United States declared independence from Great Britain on July 4, 1776 and won the American Revolutionary War. But still, we were not truly independent. George Washington’s Secretary of […]