With the political debate gravitating toward socialism and capitalism, today we take a look at six facts that tell us about capitalism in four countries.…
Why Your Inflation Rate is Different From Mine
Although the BLS reports the CPI (Consumer Price Index) inflation rate each month, our own household could see different price changes.…
A New Way to Look At Air Rage
Boarding JetBlue recently, a gracious gentleman offered to let me move in front of him. Embarrassed, I refused and explained that my boarding group was “D.” And he was a “B.” W…
When You Don’t Want To Know Your Neighbor’s Income
Looking at Norway, a large bank, and the University of California, we see that transparency can make us care more about income inequality.…
How Your College Determines Your Earnings
By knowing the type of college you plan to attend and which major you will select, you can figure out how to increase your postgraduate income.…
How Credit Scores Complicate Love
To find out if a relationship will last, you can ask the New York Federal Reserve Bank about credit cards and assortative mating.…
Five Ways to Look at Income Inequality
More than what we earn, income inequality can also be about age, education, race and the diversity of bugs that live in our homes.…
Weekly Roundup: From Overbooked Flights to Immigration Fallacies
This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.…
Weekly Roundup: From Affluent Mates to Successful Names
Our everyday economics includes tradeoffs, deposit insurance, supply chain, bias, human capital, income inequality, marriage markets and Federal Reserve.…
Love, Marriage and Inequality
As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.…