Economic Ideas

November 12, 2014
Everyday Economics of Dodd-Frank
Published by Elaine Schwartz at November 12, 2014
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Dodd-Frank: When Is A Law Too Long To Obey?

With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.

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November 10, 2014
More people vote when they believe it is a social norm.
Published by Elaine Schwartz at November 10, 2014
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The Difference That a Sticker Makes

Because "I Voted" stickers indicate voting is a social norm, like paying taxes or saving electricity, people are more likely to act like their neighbors.

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November 7, 2014
Weekly economic news roundup and marijuana update
Published by Elaine Schwartz at November 7, 2014
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Four Ways to Understand Marijuana Demand

With an increasing number of states legalizing marijuana, demand is shifting because of changes in utility, complementary products and the number of buyers.

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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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