The Ebola Impact on Economic Health

More than the disease itself, ebola’s GDP impact from aversion behavior is rippling through West Africa domestically and in international trade.

Bedtime Stories… About the Economy.

From statistics and a satellite image of the world at night, we can see that developing countries lack the electrification they need for economic growth.

The Costs of Being Prepared for a Natural Disaster

Whereas natural disaster preparation can save lives, it might have too high an opportunity cost to make sense or be a ShakeAlert that has been proven.

The Cost of Raising Children

Behavioral economists like Gary Becker say that the family is like a factory where land, labor and capital are combined to “produce” goods like children.

Starbucks Drive-Through Economics

My new Starbucks has a drive-through. If you look at a high shelf near the window through which the baristas hand the coffee and food to drivers, you see a screen with little cars and numbers. Changing from green to yellow…

Production Possibility Frontiers: Entering (and Exiting) a Discovery Void

After technological innovation multiplies, might the pace of discovery slow down? Think of the history of antibiotics. Starting with the Sulfa drugs that were first discovered during the 1930s, the new antibiotic timeline is congested until 1962. Yes, recently, new antibiotics classes were introduced.…