Why Household Production Needs a Price

Because “we treasure what we measure,” adding household production to the GDP would boost the value of what most women do.

What a “K” Says About Starbucks

After the Great Recession, businesses engaged the premiumization that recognizies the split between high and low income households.

The Surprising Ways that Governments Get Money

Thinking of how governments fund all they do, we usually think of taxes. But there is much more. Government Revenue U.S. States Desperate for cash, in 2010, Arizona’s governor sold the state capitol. The deal included the House and Senate,…

How (NOT) To Reduce a Federal Budget

Faced with pension reform proposals, workers in France responded with protests that U.S. lawmakers surely want to avoid.

How Valentine’s Became a Chocolate and Card Day

Smithsonian Magazine tells us that India wants to rebrand Valentine’s Day. Urging their citizens to shift to their own culture from a Western tradition, the Modi government proclaimed that February 14 would be “Cow Hug Day.” In the West also,…

What Money Should Look (and Feel) Like

Perhaps unaware of the criteria for the most functional currency, Nigeria’s new money designers might not have solved its old problems.

Where Our Economic Tailwinds Are Taking Us

Looking at our economic tailwinds and headwinds, we can ask if together they will create a soft landing rather than a recession.

Why Justin Bieber Cares About Catalog Shopping

Celebrities like Juston Bieber have monetized future income very differently from government’s monetization policies.

Why a Debt Rescue Committee Is “Deja Vu All Over Again”

Like Yogi Berra, we could say “deja vu all over again” about the Congressional debt reduction committees that were proposed and created.

An Easy Explanation of the Debt Ceiling

With another debt ceiling conflict emerging this week, we.should look back and ahead at how, what, and why the U.S. borrows.