Economic Ideas

October 29, 2015
Everyday Economics — Oil stories
Published by Elaine Schwartz at October 29, 2015
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The Impact of a Legendary Economics Curve

Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.

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October 27, 2015
productivity questions
Published by Elaine Schwartz at October 27, 2015
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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.

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October 25, 2015
Published by Elaine Schwartz at October 25, 2015
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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.

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October 23, 2015
Published by Elaine Schwartz at October 23, 2015
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Why Our Kids Will Not Care For Us When We Are Old

Because of aging populations in the developed world and in China, concern about care for the elderly and rising dependency ratios have increased.

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October 21, 2015
Published by Elaine Schwartz at October 21, 2015
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An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

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October 18, 2015
Published by Elaine Schwartz at October 18, 2015
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Deciding If We Should Be More Like Denmark

While Denmark has universal healthcare, family benefits and pays for college, its social welfare system requires high taxes and other sacrifices.

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