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.
Microeconomics
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.
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.
Italy and the EU: An Internet Story
Looking at internet connectivity as a part of the EU’s information infrastructure, we can see how Italy is behind and reflects member nation contrasts.
Is Your Favorite Economist Biased?
Illustrated through word use and data selection in research, politically liberal and conservative economists display a tendency toward confirmation bias.
Expanding How We Measure Inflation
Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors.
Three Graphs That Tell the Whole Oil Story
Following the law of supply, U.S. shale oil firms will lower output because OPEC is letting price plummet but airlines on demand side like lower prices.
A Bigger (Thanksgiving) Pie or Equal Slices?
Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.
What An Unemployment Rate Does Not Tell You
A single statistic like the unemployment rate for Japan, the European Union and the U.S. can be misleading until we look more closely at what it represents.
Should Water Be Free?
Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.