New attitudes that value marriage less and new economics through which women have more pay and education and men work less have changed marriage markets.
The Unexpected Consequences of More Efficient Lighting
Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.
When Does Practice Really Matter?
Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.
Marijuana Money Problems
Colorado’s marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.
A Solution for Too Few Doctors: More Patience
Decreases in supply, increases in demand and legislative price ceilings are resulting in “network adequacy” problems for U.S. healthcare systems.
When You Can Expect to Be Most Creative
Knowing about how and when creative people achieve optimal productivity is important because of the connection between human capital and economic growth.
What Do iPhones and Pencils Have in Common?
Whether looking at the supply chain for a pencil or an iPhone 6, we see globalization because price system incentives create cooperation.