Economic Ideas

October 30, 2014
Everyday Economics: Changes in supply and demand for many reasons increased the price of chocolate.
Published by Elaine Schwartz at October 30, 2014
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Is Ebola Threatening the Price of Chocolate?

While Ebola fear caused raw cocoa futures prices to rise in September, its long term rise has been because of more demand from developing nations.

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October 29, 2014
Everyday Economics: Displaying a regression to the world mean, China's real economic growth rate might be less than most people expect.
Published by Elaine Schwartz at October 29, 2014
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How Chinese Economic Growth Relates to Restaurants and Pilots

China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.

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October 27, 2014
empty sports stadium
Published by Elaine Schwartz at October 27, 2014
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The Reason Norway Said No to the Olympics

Because host countries for the Olympics and World Cup spend too much on new stadiums, their subsequent return on investment (ROI) is usually inadequate.

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October 26, 2014
Everyday economics: A misery index number conveys the potential distress created by unemployment and inflation.
Published by Elaine Schwartz at October 26, 2014
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An Economist’s Definition of Misery

While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.

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October 21, 2014
Because of new attitudes and economics, there is less supply of "marriageable" men and more valuable women in marriage markets.
Published by Elaine Schwartz at October 21, 2014
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Why There is Less Marriage

New attitudes that value marriage less and new economics through which women have more pay and education and men work less have changed marriage markets.

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October 16, 2014
aging population pyramids
Published by Elaine Schwartz at October 16, 2014
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The Best Places For Growing Old

With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.

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October 14, 2014
Everyday economics of LED bulbs
Published by Elaine Schwartz at October 14, 2014
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The Unexpected Consequences of More Efficient Lighting

Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.

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