Macroeconomics

April 13, 2014

One Reason That Quitting is Good

I have read that Fed Chair Janet Yellen is particularly interested in JOLTS. Representing Job Openings and Labor market Turnover Survey, JOLTS data tell an interesting […]

April 11, 2014

Should Detroit Sell Its Art?

During 2009, a still life painted by Henri Matisse was sold at a Christie’s auction for $46 million. The Detroit Institute of Arts owns Poppies, also a […]

April 10, 2014

Why Would the Nigerian GDP Double Overnight?

We might have to say BRINC rather than BRICS. As a developing nation with the highest GDP in Africa, South Africa has been the “S” in […]

April 9, 2014

The Big Impact of a Little Salamander

The woodland salamander made me think of Adam Smith. In North American forests, wherever it is dark and damp, under a rock or a log, a […]

April 8, 2014

Unusual Ways to Achieve Deficit Reduction

Hoping to diminish their country’s deficit, last year, Malta’s President and Parliament decided to sell citizenship. The price tag is $891,000 and the perk is that […]

April 7, 2014

Does It Matter That Men Boast?

Our Monday Gender Issue: Teaching at a girls’ school, I continually run into the problem of modesty. My women know the answers and yet go to […]

April 1, 2014

Should Kids Get Paid for Grades?

What happens when you combine a $100 student payment with a teacher bonus for high A.P. grades, better lab equipment, free tutoring, Saturday classes and extra […]

March 26, 2014

A Water Shortage During Brazil’s World Cup

A major source of Sao Paulo, Brazil’s water supply has shrunk. Down to 14.7% of its capacity, the Cantareira Basin supplies almost half the area’s water. […]

March 24, 2014

Chimamanda Ngozi Adichie’s Feminism

Our Monday Gender Issue: Chimamanda Ngozi Adichie, Nigerian writer, former MacArthur genius, National Book Critics Circle Award winner, author of the book, Half of a Yellow Sun on […]

March 22, 2014

The Unintended Consequences of Banning Ivory Sales

New US ivory regulations have had unintended consequences. During November 2013, the US government “pulverized” nearly 6 tons of elephant ivory from Asia and Africa. Intending to […]

March 21, 2014

The One Big Reason We Can’t Really Cut the Federal Deficit

It is tough to be a deficit hawk.   Rather than our typical spike in wartime spending, we have a peacetime deficit. (Please note that the federal […]

March 16, 2014

What We Sacrifice for Pothole Patches

With 150,000 more potholes than last year and $12 for each temporary patch, Chicago has spent close to $3 million on pothole repair and the end […]