Our Posts Roundup Sunday 12.14.14 The mystery of the missing magazines…more Monday 12.15.14 Where Italian needs a connection…more Tuesday 12.16.14 Which movie stars live longer…more Wednesday 12.17.14 The Christmas music list that keeps repeating…more Thursday 12.18.14 How a signature…
Because “I Voted” stickers indicate voting is a social norm, like paying taxes or saving electricity, people are more likely to act like their neighbors.
Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.
This week’s everyday economics stories involved quantitative easing, monetary and fiscal policy, supply and demand, ROI, GDP, unemployment and inflation.
Behavioral economists like Gary Becker say that the family is like a factory where land, labor and capital are combined to “produce” goods like children.
Two times the size of New Jersey, Norway’s Svalbard territory has a single jail cell that was briefly occupied a year ago. Trying to decide why Svalbard has little crime, some cite its sparse population of 3,000 or the fact that it is an…
“Amongst all unimportant subjects, football is by far the most important.” Pope John Paul II (1920-2005) European Central Bank researchers have hypothesized that World Cup Soccer distracts stock market participants. Using data on trading activity during the 2010 games from 15 International…
Gary Becker image courtesy of University of Chicago. All too often, if you say you are looking at the economics of the family, people assume you are talking about money. Nobel Laureate Gary Becker, who died this week (1930-2014), changed…
Dear Alexa, At work, I have become ashamed of my less-than-perfect smile since I am surrounded by colleagues who had the luxury of wearing braces in their youth. Should I get braces to perfect my smile, even though I am…
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
