Macroeconomics

February 20, 2015
everyday economics and the birth rate
Published by Elaine Schwartz at February 20, 2015
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Part 2: What To Do When More People Are Old

Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.

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February 19, 2015
Everyday economics and Aging populations and birth rates
Published by Elaine Schwartz at February 19, 2015
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Part 1: What To Do When More People Are Old

As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.

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February 17, 2015
Everyday economics and Identifying the economic consensus and how average Americans disagree.
Published by Elaine Schwartz at February 17, 2015
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How Much Do Average People Agree With Economists?

Average Americans disagree with the economic consensus for many issues according to surveys from the University of Chicago Booth School.

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February 13, 2015
richest billionaires
Published by Elaine Schwartz at February 13, 2015
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Pondering the Bunker Hill Theory of Inflation

As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.

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February 12, 2015
Weekly economic news roundup and GDP
Published by Elaine Schwartz at February 12, 2015
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Three Big Questions About the GDP

GDP problems include that it's not calculated the same way in different countries, its data can be tough to gather, and its components omit important items.

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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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