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January 21, 2015

Can Economists See the Hot Hand?

With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.

January 9, 2015

How Men Act When They Outnumber Women

How gender ratios in the U.S. and China affect men's financial behavior can be explained with supply and demand and behavioral economics from Gary Becker.

January 4, 2015

What a Blind Taste Test Showed About Beer

Behavioral economic ideas show that product differentiation and consumer preference are more from branding than the taste of colas or beers.

December 31, 2014

Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.

December 28, 2014

Why the Metric Switch is so Tough

The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.

December 26, 2014

How the Fed Solves the Old Money Problem

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.