While monthly CPI reports emphasize the average increase in prices, we can also use it to see the differences in household spending.
Whether measuring the height of a mountain or the size of the GDP, we need a similar kind of statistical consistency.
The eviction moratoriums that affect renters and landlords require tradeoffs from millions of individuals and businesses.
In a circular flow model of our market economy, the outer loop represents the money that moves around the economy while the inner circle takes us to the goods and services that those dollars pay for: Imagining a Starbucks…
Wondering about weather and climate disaster worries, we can look at how the numbers are trending for billion dollar events.
Looking at grade inflation at colleges and universities, we can ask whether the increase can be compared to prices.
When we look at China’s child policies, changing from one to two to three, we see an impact on babies, boys, and the elderly.
To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.
At home because of Covid, many of us have been busy in our backyards. We’ve needed more seeds, tools, and gnomes. And that is the problem. At one garden center in the U.K., they’ve not seen a gnome for six…