Our everyday economics includes GDP, human capital, price system, public goods, taxes, gender pay gap, externalities, subsidies, marriage economics and ROI.
A Reason For Economic Uncertainty
Combining the continuing resolution and 11 of 12 omnibus spending spending bills, a fiscal policy compromise could avoid government shutdown.
Our Weekly Roundup: From Misery to Chocolate
This week’s everyday economics stories involved quantitative easing, monetary and fiscal policy, supply and demand, ROI, GDP, unemployment and inflation.
An Economist’s Definition of Misery
While a misery index shows a nation’s inflation and unemployment rates, the eurozone’s high unemployment might create disproportionate unhappiness.
Our Weekly Roundup: From Dental Care to Haircuts
This week’s everyday economics stories include income elasticity of demand, positive externalities, GDP, economic indicators, human capital & entitlements.
The Expensive Side of (Venezuela’s) Cheap Gas
Subsidies and taxes determine the price of gasoline. Whether gasoline is cheap or expensive, its price affects people’s incentives and national tradeoffs.
How To Catch Tax Dodgers With a Lottery
The lottery that Slovakia uses to catch VAT tax dodgers reflects fiscal challenges that eurozone countries like Germany and the Netherlands do not face.
Why the Russian Government Loves Vodka
For 350 years, the Russian government has optimized the money it gets from vodka sales by creating a monopoly that takes advantage of inelastic demand.
Corporate Tax Dilemmas
When firms diminish their corporate tax rate legally with a corporate inversion, the debate should be about overly complex corporate tax laws.