Macroeconomic Measurement

October 16, 2014

The Best Places For Growing Old

With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.

October 12, 2014

When Does Practice Really Matter?

Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.

September 28, 2014

When You Can Expect to Be Most Creative

Knowing about how and when creative people achieve optimal productivity is important because of the connection between human capital and economic growth.

September 14, 2014

The Nudge Toward a Goldilocks Savings Rate

We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.

August 31, 2014

Bedtime Stories… About the Economy.

From statistics and a satellite image of the world at night, we can see that developing countries lack the electrification they need for economic growth.

August 28, 2014

The Path of the Shifting Center of Global Economic Power

Led by Chinese economic growth and other emerging markets, the center of economic gravity is moving eastward from the developed world to Asia.

August 17, 2014

A Closer Look at the EU 28 Economic Growth Rate

Looking at a European average economic growth rate, unemployment rate and GDP to debt ratio is misleading because of countries' disparate economies.

August 12, 2014

What Refrigerators Can Tell Us About Global Markets

In refrigerators in developing nations, we can see the impact of affluence on their diet and on supply and demand that will change worldwide food prices.

August 11, 2014

Will You Get Your Social Security Benefits?

The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits.

August 4, 2014

The Spillover from Refrigerators in China

The spread of refrigeration in China has positive and negative externalities that relate to household diets, greenhouse gases and transport and home waste.

July 31, 2014

Argentina's (Long) Default History

With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.