A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.
Weekly Roundup: From Fed Dots to Income Traps
Our economic news summary includes interest rates and the Fed, inequality and developing nations, space travel innovation and consumer spending changes.
Weekly Roundup: From Data Spies to Ivory Trackers
Our economic news summary ranges from elasticity and a Berkeley soda tax to the minimum wage and the cost of living, to the power of the market and ivory.
The Unintended Consequences of Parental Leave
Although firms and countries have family friendly policies with generous paternity and maternity leave, the impact has harmed women’s chances for promotion.
Weekly Roundup: From Traffic Congestion to Job Evaluation
Our everyday economics includes central planning, unintended consequences, comparative advantage, transportation infrastructure, cost & developing nations.
How a Performance Metric Can Lead to a Giant Nail
In government, business and at home, the performance metrics we create always are accompanied by incentives that create unintended consequences.
Weekly Roundup: From Apple’s Chimes to Boston’s Olympics
Our everyday economics includes innovation, incentives, environment, regulation, gender,monopolistic competition, oligopoly ,intellectual property and cost,
Weekly Roundup: From Free Delivery to Expensive Coffee
Our everyday economics includes competition, progressive taxes, free trade, externalities, sunk cost, productivity, supply chain, incentives, & tradeoffs.