Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.
Demand, Supply, and Markets
A Poaching Problem that Regulation Hasn’t Solved
The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.
What Bread Says About Women
Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.
Love, Marriage and Inequality
As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.
Self-Signaling by Standing in Line
Whether you stand in long lines to self-signal or you hire someone to do the wait for you, your decision reflects tradeoffs that relate to time.
Four Ways to Understand Greek Debt
An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.
The Unexpected Impact of Reusable Grocery Bags
Knowing that reusable grocery bags shifts consumer spending to more indulgent purchases, supermarkets can respond with new prices and product placement.
Tradeoffs and Marriage: Like a Horse and Carriage
As the pill, education and employment opportunities changed the value of women as wives, the tradeoffs that relate to being married have also changed.
How Much Do Average People Agree With Economists?
Average Americans disagree with the economic consensus for many issues according to surveys from the University of Chicago Booth School.
The Reason It Can Be Tough to Cross the Street
Called the American Dream, the income mobility that lifts a child beyond a parent’s poverty can depend on a community’s characteristics.