Reducing environmental externalities from greenhouse gas emissions involves the methane that cows and other ruminants burp.
Behavioral Economics
The intersection of psychology and economics, behavioral economics looks at human tendencies that involve biology and culture when predicting and explaining economic decision-making.
Why It’s Tough to Place the Poverty Line
Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.
Solving the Mystery of the Disappearing Workers
One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.
The Diner’s Dilemma: Should You Divide the Check Equally With Friends?
Like the tragedy of the commons, splitting a bill among friends at a restaurant involves an individual’s marginal benefit and the group’s marginal cost.
A Nobel Message on Health and Wealth
The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.
The Connection Between Your Credit Score and Your Love Life
Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.
Part 1: Understanding the Student Loan Crisis
The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.