Macroeconomics

February 9, 2015
Everyday economics and human capital formation
Published by Elaine Schwartz at February 9, 2015
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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.

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January 27, 2015
Everyday economics of income mobility
Published by Elaine Schwartz at January 27, 2015
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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.

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January 21, 2015
consumer spending history
Published by Elaine Schwartz at January 21, 2015
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Can Economists See the Hot Hand?

With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.

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January 20, 2015
everyday economics, behavioral economics and saving less
Published by Elaine Schwartz at January 20, 2015
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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.

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January 15, 2015
Our Weekly Economic News Roundup and shrinking middle class
Published by Elaine Schwartz at January 15, 2015
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A Mystery: Trying to Find the Middle Class

While everyone refers to the middle class and most of us say we are in the middle class, few know the characteristics of the group to which they refer.

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January 9, 2015
Weekly economic news roundup and marriage
Published by Elaine Schwartz at January 9, 2015
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How Men Act When They Outnumber Women

How gender ratios in the U.S. and China affect men's financial behavior can be explained with supply and demand and behavioral economics from Gary Becker.

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January 8, 2015
Everyday Economics and how dynamic scoring is controversial because it spotlights growth instead of spending categories.
Published by Elaine Schwartz at January 8, 2015
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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.

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December 31, 2014
Everyday economics and the cost of curing diseases
Published by Elaine Schwartz at December 31, 2014
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Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.

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December 28, 2014
Everyday econ omics and the metric switch
Published by Elaine Schwartz at December 28, 2014
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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.

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December 26, 2014
A part of the money supply, currency wears out, is shredded and then recycled or destroyed.
Published by Elaine Schwartz at December 26, 2014
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How the Fed Solves the Old Money Problem

Part of keeping the money supply at the right level involves the Fed monitoring the paper money that enters circulation and recycling cash that leaves it.

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December 22, 2014
Everyday economics and the cost of cheap parking.
Published by Elaine Schwartz at December 22, 2014
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The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

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December 16, 2014
inclusion initiatives
Published by Elaine Schwartz at December 16, 2014
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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.

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