Macroeconomics

July 30, 2015

Why Major League Baseball Has a C+ Gender Grade

Because the presence of women in Major League Baseball (MLB) management positions is very small, they have diminished their talented human capital supply.

July 29, 2015

Paying More at the Gas Pump

Because of a low gasoline tax, the Highway Trust Fund does not have enough money to maintain the transportation infrastructure of highways and mass transit.

July 24, 2015

The Real Eurozone Problem

Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.

July 23, 2015

Exposing What You Hide in Your Garbage

Weighing cost and benefit for Seattle's recycling environmental regulation involves privacy, dollars, time, and respect for the law and our environment.

July 22, 2015

Why a Hungry Country Might Have Enough Food

Focusing on production and distribution, economists look at the role of markets and of government when they try to determine what causes and ends famines.

July 17, 2015

The Wright Moment for the Bicycle

As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.

July 15, 2015

Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.

July 7, 2015

The Tax We Should Like

Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.

July 1, 2015

When to Worry About Sovereign Debt

Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.

June 30, 2015

Why Children Are More Expensive Than We Think

To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child's human capital.

June 22, 2015

An Unintended Consequence of Football Helmets

Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.