Daniel Kahneman

January 4, 2015
Weekly Economic News Roundup and beer consumption
Published by Elaine Schwartz at January 4, 2015
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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.

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October 29, 2014
Everyday Economics: Displaying a regression to the world mean, China's real economic growth rate might be less than most people expect.
Published by Elaine Schwartz at October 29, 2014
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How Chinese Economic Growth Relates to Restaurants and Pilots

China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.

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January 30, 2014
Weekly Economic News Roundup and federal spending
Published by Elaine Schwartz at January 30, 2014
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Have We Halved the Deficit?

In the State-of-the-Union, President Obama said, “Our deficits–cut by more than half.” Looking at the federal deficit as a percent of GDP, we can say that the […]

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October 22, 2013
French fries, Adam Smith and restaurant mass production
Published by Elaine Schwartz at October 22, 2013
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Restaurant Economics: How to Make 1500 Meals a Day

At 2 am, converging at the delivery entrance of Balthazar in NY’s SoHo are mussels from New Zealand, russet potatoes from Idaho, steak from the Midwest and chicken breast […]

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November 3, 2011
Published by Elaine Schwartz at November 3, 2011
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Are You A Good Investor?

Good investing takes us to our emotions. But not quite how you might expect. Our brains don’t like random events. Instead, we prefer patterns, especially pleasing […]

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