While death rates are a seemingly easy way to assess healthcare spending, other perspectives like DALYs could be better when we consider the tradeoffs.
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The Reasons Restaurants Should Sell Tickets
A restaurant’s pricing power increases when, online, it can sell prepaid table tickets, vary price based on demand or charge a reservation fee.
Weekly Roundup: From Desirable Currency to Rejected Coins
Our everyday economics includes gender gap, human capital, competition, regulation, opportunity cost, money supply, currency and conspicuous consumption.
What Gorgeous Money Looks Like
Although paper currency is just one part of a money supply, a special design like Norway’s new kroner notes conveys an inspirational message.
Where Prada is Called Ordinary
Purchasing less expensive luxury goods like Prada and Louis Vuitton, China’s growing middle class displays Thorstein Veblen’s conspicuous consumption.
Weekly Roundup: From Thirsty Almonds to Potent Alcohol
Our everyday economics includes human capital, incentives, behavioral economics, cost and benefit, exports, tradeoffs, inequality, risk,markets, and income.
Does the Ivy League Diploma Matter?
With the human capital in elite jobs dominated by Ivy League or other prestigious schools graduates, we can ask if it’s those diplomas that really matter.
Weekly Roundup: From Fake Stats to Slippery Glue
Our Posts Roundup Sunday 3.22.15 The bundles that make life pleasant…more Monday 3.23.15 Where American cars are made…more Tuesday 3.24.15 What March Madness really represents…more Wednesday 3.25.15 Why Sunday shopping matters…more Thursday 3.26.15 Making ketchup that glides…more Friday 3.27.15 How…
The Dangerous Side of Economics
Because he revised his country’s inaccurate deficit and received Eurostat approval, Greece’s chief statistician might be prosecuted for “breach of faith.”
To shop, or not to shop…
[View the story “Seasonal Shopping & Supply and Demand” on Storify]