With better school attendance and learning, and then higher work productivity, the positive externalities of childhood vaccination have an economic impact.
Macroeconomic Measurement
Part 2: What To Do When More People Are Old
Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
Pondering the Bunker Hill Theory of Inflation
As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.
Three Big Questions About the GDP
GDP problems include that it’s not calculated the same way in different countries, its data can be tough to gather, and its components omit important items.
One Reason We Can’t Believe in Innate Talent
Limiting potential economic growth, the myth of innate talent in disciplines like philosophy diminishes the pool of female and Afro-American human capital.
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.
How Chocolate Chip Cookies Explain Why We Save Less
Explained by behavioral economics, we save relatively little for retirement because of intertemporal selfishness and seeing our future selves as strangers.
Understanding a New Tax Issue
With the House requiring dynamic scoring of tax legislation from the CBO, the bigger tax debate resurfaces on how much redistribution and spending.
Why the Metric Switch is so Tough
The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.
Why Academy Award Winners Might Live Longer
Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.