Now that Amazon’s HQ2 will not be in Long Island City, New York, we can ask if the multi-billion dollar incentive package was worth the tradeoffs.…
Macroeconomics
The study of how the economy behaves as a whole as well as economy-wide phenomena.
The Mystery of the Missing Jobs
To understand why certain cities have more dog walkers, scientists, and pastry chefs, we just need to look at the geography of jobs.…
How Social Security Is in Worse Shape Than We Think
Twice last year– during February and August–we shared six facts about Social Security. Now, disagreeing with the Social Security Trustees 2018 Report, economists at the University of Penns…
When Free Money Didn’t Do What It Was Supposed To Do
The preliminary results for Finland’s two-year guaranteed income experiment appears to have created more questions than it answered.…
Six Facts to Know About Venezuela’s Hyperinflation
Through six simple facts, we can better understand the meaning of Venezuela’s hyperinflation and how much it has diminished production.…
How Boats and Cake Are Like Taxes
Whether deciding how to divide boats in Santa Barbara harbor, a cake, or tax revenue, fair distribution requires knowing what different people say is fair.…
Where Will Automation Change Our Lives?
Whether looking at a self-driving car or your airline ticketing app, you can see how automation has begun to shift job activities.…
More Mind Boggling Facts About Where Our Energy Comes From
In one handy graphic from the Lawrence Livermore Laboratory, you can see U.S. energy consumption and production for our homes, businesses, and vehicles.…
The Surprising Problem With End-of-Life Spending
Although end-of-life Medicare spending accounts for a relatively large slice of its budget, it’s tough to cut for a reason that none of us would expect.…
Six Facts: What It’s Handy To Know About China
A look at U.S. China trade history reveals how the Chinese economy has changed and what a combination of command and the market can accomplish.…