Economic History

June 2, 2014

Gender Issues: The Invention of Wings

Our Monday gender issues focus Combine 1 great read, 2 crucial issues and 3 memorable women (2 who really existed) and you get The Invention of Wings by […]

June 1, 2014

Should GDP Include Illegal Drug Deals?

In 1987, Italy decided to include its “off-the-books” economy in its GDP. The result was an 18% boost. Now, further complying with EU accounting regulations, Italy […]

May 31, 2014

An Amazing Story From a Graph

Sometimes one graph can tell a whole story:   A 4-minute animation can also convey a much bigger story. Looking at the same time period as our […]

May 28, 2014

The Beeps in Our Lives

Our Wednesday Environment Focus We have intentionally created some of the sounds that our technology makes. Take the beep… You know that beep..beep..beep sound of a truck […]

May 27, 2014

The Income Inequality That Doesn't Bother Us

When people talk about the top 1%, they are probably not thinking about NY Yankees shortstop Derek Jeter or Seattle’s MLS forward, Clint Dempsey. For 2014, Jeter signed a […]

May 21, 2014

An Unexpected Cost of Climate Change?

Our Wednesday Environment Focus By Madeleine Vance, guest blogger and student at Kent Place School; edited by Elaine Schwartz Global Warming has become more than just a […]

May 20, 2014

Production Possibility Frontiers: Entering (and Exiting) a Discovery Void

After technological innovation multiplies, might the pace of discovery slow down? Think of the history of antibiotics. Starting with the Sulfa drugs that were first discovered during […]

May 14, 2014

Energy Efficiency Surprises

Our Wednesday Environmental Issue: Trying to optimize energy efficiency, we might have unexpected results. First, where we live… Referring to an environmentally friendly community where he once lived, New Yorker writer […]

May 4, 2014

Surprising Hand-To-Mouth Households

Close to one third of all households (38 million) in the US live hand-to-mouth. Like me, perhaps you have always assumed that a hand-to-mouth (HtM) household […]

April 28, 2014

Why Do We Need More King Peggys?

Our Monday Gender Issue: Having a woman as the king of an African fishing village can make a big difference. During 2008, a secretary who works […]

April 27, 2014

When Did We Get “Tough Love” From the Federal Reserve?

Demonstrating Russia’s current plight, this graph so perfectly illustrates stagflation: When GDP sinks and inflation increases, the stagflation that results is tough to cure. If monetary […]

April 25, 2014

The Reason For An Income Tax Default (Form)

In Denmark, the government automatically prepares people’s taxes. Because they already have the data they need, the tax authority calculates everyone’s income taxes and sends them […]