Whereas natural disaster preparation can save lives, it might have too high an opportunity cost to make sense or be a ShakeAlert that has been proven.
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.
How Music Can Empower You
Like athletes use music before competing, so too can we energize our human capital at work with music that empowers us physiologically and psychologically.
Will You Get Your Social Security Benefits?
The 2014 Social Security Trustees Report says that after we deplete the remains of the program’s trust funds in 2033, payroll taxes will not provide all promised benefits.
Seeding change: seeds or change?
Cash grants are an alternative form of foreign aid. Tough to accept, cash could have more benefits than other traditional programs.
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 located at the side of the local, narrow and potholed road, you could meet a friend. One 62…
One Reason to Quit A Job
Have you ever gone through a series of phone messages that finally take you to the department you need? Then, after 5 minutes, 10 minutes, 15, no one picks up and you start to wonder if you should hang up. Deciding what…
The Impact of World Cup Soccer On Stock Markets
“Amongst all unimportant subjects, football is by far the most important.” Pope John Paul II (1920-2005) European Central Bank researchers have hypothesized that World Cup Soccer distracts stock market participants. Using data on trading activity during the 2010 games from 15 International…
Prius Purchases and Conspicuous Conservation
Our Wednesday Environment Focus Reporting that Prius was the top selling car in California, Bloomberg said the reason was tough emissions standards. I wonder… In a 2011 paper, economists Alison and Steven Sexton compared voting patterns and Prius ownership in Colorado and Washington…
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 $12 million contract and Dempsey makes close to $5 million. However, they all take us to income inequality. Using…
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 threat to the environment. In the movie “Carbon Nation,” former army colonel Dan Nolan…