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…
Macroeconomics
When to Worry About the Weather
Wondering about weather and climate disaster worries, we can look at how the numbers are trending for billion dollar events.
When a Grade Is Like a Price
Looking at grade inflation at colleges and universities, we can ask whether the increase can be compared to prices.
6 Facts about China’s One, Two, Three-Child Policy
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.
Inflation Clues From Sticky Prices
To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.
What We Can Learn From a Gnome Shortage
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…
How to Select the Best Countries
Instead of collecting a massive volume of statistics, iU.S. News uses people’s perceptions to rank the world’s 78 best countries.
Where Housing Prices Are Going Through the Roof
Whether looking at lumber or houses, we see a housing boom that is an example of classic supply and demand.
What Your Car Says About You and Your Neighborhood
If we want to know neighborhood characteristics about income, education, and even politics, we just need to know its cars.
What We Can Learn From Used Car Prices
Some economists are asking if the increase in used car prices is an indicator of the path that future inflation will take.