Economic Ideas

February 2, 2014

The Reason That Certain Quarterbacks Earn More

A 3.2 difference in a facial symmetry score can mean an extra $378,000 in  pay for a quarterback. According to research from economist David Berri on […]

January 31, 2014

Why Do Young Adults Live With Their Parents?

In Slovakia, Bulgaria, Greece, Malta and Italy, young people, age 25-34, live with their parents. But not in Denmark, Finland Sweden, and Norway. Below you can see the country […]

January 30, 2014

Have We Halved the Deficit?

In the State-of-the-Union, President Obama said, “Our deficits–cut by more than half.” Looking at the federal deficit as a percent of GDP, we can say that the […]

January 23, 2014

One Reason That $1.1 Trillion is Not So Much

The Congress just agreed on $1.1 trillion in federal spending. But let’s look a bit more closely… Each year, I give my class a federal budget […]

January 22, 2014

One Way That the “Poor Beat the Rich”

In just 8 minutes, Hans Rosling shows us that, with child mortality rates, the developing world is making more progress than we might expect. With his […]