Economic Ideas

February 17, 2015

How Much Do Average People Agree With Economists?

Average Americans disagree with the economic consensus for many issues according to surveys from the University of Chicago Booth School.

February 13, 2015

Pondering the Bunker Hill Theory of Inflation

As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.

February 12, 2015

Three Big Questions About the GDP

GDP problems include that it's not calculated the same way in different countries, its data can be tough to gather, and its components omit important items.

February 9, 2015

One Reason We Can’t Believe in Innate Talent

Limiting potential economic growth, the myth of innate talent in disciplines like philosophy diminishes the pool of female and Afro-American human capital.