Economic Ideas

May 31, 2014

An Amazing Story From a Graph

Sometimes one graph can tell a whole story:   A 4-minute animation can also convey a much bigger story. Looking at the same time period as our […]

May 30, 2014

What Signals Does a College Degree Really Send?

Some economists have an unexpected reason for the college earnings premium. First, the premium… In 2011, a diploma from a 4-year college meant you would earn 83% more than your […]

May 27, 2014

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 […]

May 25, 2014

When Does it Cost Too Much to Save a Human Life?

Is $1 a day for someone else’s pill too much to pay with your tax dollars? $10? $100? $1,000? Kaiser Health News recently reported that a new treatment for […]

May 21, 2014

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 […]

May 20, 2014

Production Possibility Frontiers: Entering (and Exiting) a Discovery Void

After technological innovation multiplies, might the pace of discovery slow down? Think of the history of antibiotics. Starting with the Sulfa drugs that were first discovered during […]

May 19, 2014

Gender Issues: Literate Women

For millennia, men have tried to stop women from learning to read. Before we look back, I wanted to share these World Bank maps that let us see the […]