Economic Thinkers

November 16, 2015

Why Women Don’t Get the Credit They Deserve

Expectations bias is among the top gender issues for female economists because we are predisposed to think of a male when looking at academic research.

November 5, 2015

Why It’s Tough to Place the Poverty Line

Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.

October 29, 2015

The Impact of a Legendary Economics Curve

Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.

October 21, 2015

An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

October 14, 2015

A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

October 5, 2015

The Connection Between Your Credit Score and Your Love Life

Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.

September 14, 2015

Part 2: How the Middle Income Trap Could Catch China

While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China's economic growth is tough to predict.

August 25, 2015

Using a Fat Tail to Describe Stock Market Risk

When the unexpected occurs and changes our view of stock market risk, we call it a black swan or fat tail because it is far from the mean of a bell curve.

August 24, 2015

How Your Lawn is About More Than Grass

Nothing but grass, lawns began as conspicuous consumption from the English and French aristocracy and now are a middle class manicured status symbol.

August 3, 2015

The Reason We Should Drive Around in Circles

As we improve our transportation infrastructure, the roundabout has become increasingly attractive because of safety, ease and cost.

July 28, 2015

How Much Your Sleep Costs You

Personal income relates to how long we sleep. Less sleep can diminish the productivity that brings a higher wage. But also, less sleep means more work time.

July 24, 2015

The Real Eurozone Problem

Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.