Microeconomics

October 21, 2015

An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

October 18, 2015

Deciding If We Should Be More Like Denmark

While Denmark has universal healthcare, family benefits and pays for college, its social welfare system requires high taxes and other sacrifices.

October 14, 2015

A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

October 5, 2015

The Connection Between Your Credit Score and Your Love Life

Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.

October 2, 2015

The Importance of Accurately Estimating When We Will Die

Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.

September 30, 2015

Part 1: Understanding the Student Loan Crisis

The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.

September 22, 2015

Next Week’s Budget Problems

Always contentious, the federal budget needs to be approved by October 1st or a continuing resolution needs to enable discretionary federal spending.

September 15, 2015

Why Doing Good is Not Always Easy

By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.

September 14, 2015

Part 2: How the Middle Income Trap Could Catch China

While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China's economic growth is tough to predict.

September 13, 2015

Part 1: The Trap That China Wants to Avoid

Currently slowing down, China's economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.

September 10, 2015

What the Ability to Delay Gratification Says About You

Looking at delayed gratification through Walter Mischel's marshmallow test and other studies, researchers can better grasp who will save for retirement.

September 1, 2015

What Our Food Says About Us

Because middling food like hamburgers is consumed by most people in the affluent West, what we eat does not necessarily reflect inequality or social status.