Comparing Welfare in 13 Countries

Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.

The Tipping Paradox

Disliked by many as discriminatory, inconvenient, and even embarrassing, tipping is a paradox because it refuses to disappear.

A New Kind of College Report Card

Barely recognized by U.S. News ranking, colleges where graduates achieve income mobility prove that the American Dream remains a viable goal.

Weekly Roundup: From the Diner’s Dilemma to Lost Labor

This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.

Finding the New Brooklyns

With Brooklyn becoming a synonym for gentrification, we can call cities like Detroit a new Brooklyn when they attract artists and affect a poor population.

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 Wednesday 10.14.15 Development surprises from a new Nobel winner…more Thursday 10.15.15 Finding disappearing jobs…more…

A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

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 Uber Drivers to Gasoline Prices

Our economic news summary includes labor regulation and Uber, the GDP and streets, gasoline price fluctuation, food and inequality and markets and syrup.

What Our Food Says About Us

Because middling food like hamburgers is consumed by most people in the affluent West, what we eat does not necessarily reflect inequality or social status.