Macroeconomic Measurement

May 21, 2014
Cost and benefit balance change for dealing with global warming if it creates a national security threat.
Published by Elaine Schwartz at May 21, 2014
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An Unexpected Cost of Climate Change?

Our Wednesday Environment Focus By Madeleine Vance, guest blogger and student at Kent Place School; edited by Elaine Schwartz Global Warming has become more than just a […]

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May 20, 2014
Technological innovation might have slowed but we could be due for a spurt.
Published by Elaine Schwartz at May 20, 2014
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Production Possibility Frontiers: Entering (and Exiting) a Discovery Void

After technological innovation multiplies, might the pace of discovery slow down? Think of the history of antibiotics. Starting with the Sulfa drugs that were first discovered during […]

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May 15, 2014
Experience of a babysitting co-op with scrip provides a monetary policy lesson and a debate
Published by Elaine Schwartz at May 15, 2014
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The Monetary Policy Mistakes of a Babysitting Co-op

There once was a French economist whose name was Say. Proclaiming that “Supply Creates Its Own Demand,” Jean-Baptiste Say (1767-1832) entered economic history with Say’s Law. All he meant was that workers […]

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May 14, 2014
The externalities created by attempts at energy efficiency can be positive or negative.
Published by Elaine Schwartz at May 14, 2014
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Energy Efficiency Surprises

Our Wednesday Environmental Issue: Trying to optimize energy efficiency, we might have unexpected results. First, where we live… Referring to an environmentally friendly community where he once lived, New Yorker writer […]

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May 4, 2014
Disposable Income can be hand-to-mouth for households with illiquid wealth
Published by Elaine Schwartz at May 4, 2014
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Surprising Hand-To-Mouth Households

Close to one third of all households (38 million) in the US live hand-to-mouth. Like me, perhaps you have always assumed that a hand-to-mouth (HtM) household […]

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April 27, 2014
In Russia now, and 35 years ago in the US, stagflation is a tough problem.
Published by Elaine Schwartz at April 27, 2014
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When Did We Get “Tough Love” From the Federal Reserve?

Demonstrating Russia’s current plight, this graph so perfectly illustrates stagflation: When GDP sinks and inflation increases, the stagflation that results is tough to cure. If monetary […]

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April 25, 2014
A simple and efficient way to do income taxes
Published by Elaine Schwartz at April 25, 2014
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The Reason For An Income Tax Default (Form)

In Denmark, the government automatically prepares people’s taxes. Because they already have the data they need, the tax authority calculates everyone’s income taxes and sends them […]

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April 20, 2014
everyday economics and the birth rate
Published by Elaine Schwartz at April 20, 2014
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Which Countries Want You to Have a Baby?

It is a recipe for demographic disaster when you have too many old people and not enough babies. The problem is the size of the working […]

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April 18, 2014
Everyday economics aging demographic
Published by Elaine Schwartz at April 18, 2014
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China’s Demographic Flipflop

The wait list for the most popular retirement home in China has topped 10,000. With 1100 available beds and just 11 beds emptying annually, it could […]

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April 16, 2014
economic news roundup and water shortages
Published by Elaine Schwartz at April 16, 2014
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How To Cope With (Water) Stress

Being water stressed means you are unusually vulnerable to a water shortage. Sort of like a household where one emergency can push it over the edge because it […]

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April 13, 2014
Published by Elaine Schwartz at April 13, 2014
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One Reason That Quitting is Good

I have read that Fed Chair Janet Yellen is particularly interested in JOLTS. Representing Job Openings and Labor market Turnover Survey, JOLTS data tell an interesting […]

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April 11, 2014
Detroit Bankruptcy Requires Life Support
Published by Elaine Schwartz at April 11, 2014
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Should Detroit Sell Its Art?

During 2009, a still life painted by Henri Matisse was sold at a Christie’s auction for $46 million. The Detroit Institute of Arts owns Poppies, also a […]

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