Way beyond predicting the rain and temparature, the National Weather Service, engages in far reaching weather economics.
Whether it’s breakfast or lunch, a look at sandwich economics tells us about our food tradeoffs and our GDP spending.
Through new well-being metrics, we can see alternative criteria to which policy makers can respond after the GDP.
For this holiday season, economists tell us that gift giving could say more about the giver than what the recipient wants.
We can identify new GDP facts about size and wellbeing by seeing the GDP through the PPP lens of the International Comparison Program.
A detailed look at how housing spending boosts the GDP reveals every floor of the expense and its significance.
Whether measuring the height of a mountain or the size of the GDP, we need a similar kind of statistical consistency.
How to decide if adding $4 trillion (or so) to the U.S. debt is too much, too little, or just right? We can start with ourselves and ask if $200,000 is a lot to borrow when you buy a home.…
In Beijing, unpaid housework just got a price. Because of their new Civil Code, a Chinese judge decided that a divorce settlement had to include compensation for the former wife. He said that in addition to monthly alimony, she was…