More than just people moving, the ease of interstate migration is one example of the benefits of a national market with one currency and fiscal policy.…
Weekly Roundup: From Lost Jobs to Fewer Tips
Posts Roundup Sunday 10.11.15 Why we stick with a brand…more Monday 10.12.15 The many meanings of the minimum wage…more Tuesday 10.13.15 How a drone port solves road problems…more We…
Weekly Roundup: From Marijuana to the Metric System
Our everyday economics include globalization, opportunity cost, inflation, employment, monetary policy, negative externalities, recession, business cycle.…
Austin and Oakland: A Tale of 2 Cities
Sort of, we can “celebrate” a birthday. 5 years ago, the Great Recession began. And that takes us to Texas where they can celebrate. Among the large metropolitan areas in the US, Austin (#…
Who Works the Hardest in the Euro Zone?
I just discovered a surprising statistic. In the euro zone, judged by hours per week, the Germans are not nearly the hardest workers. Instead Greece, with an average of 42.1 hours is close to the top …
Election Economics: Assessing the US Economy
Is the US economy less sick? Comparing January 2009 when Obama became president and now, let’s see how its “symptoms” have changed. Approximately the Same: Jobs: During January, 2009…
Employment's Bottomless Pit
By Mira Korber, guest blogger. The U.S. economy added 227,000 jobs in February. That’s more than the 210,000 jobs economists forecast for the month, though the current unemployment rate is still…
Can We Afford to Change the US Postal Service?
There are so many reasons not to change the US Postal Service. For tough to reach rural communities, post offices are conveniently located. For homebound elderly, 6-day dependable prescription deliver…
Productivity: Working Weekends
Israel has to decide when to have a weekend. The Israeli Sabbath, Friday sunset through Saturday sunset will be a part of it. The second day? Sunday and Friday are possibilities. Knowing that producti…