Where People Prefer Non-Cash Transactions

Whether you depend on cash or non-cash transactions can depend on whether you are young or old and the country where you live.

Why Bitcoin Is Not a Security

Asking if bitcoin is a security, a commodity, money, or property, we get a list of different answers that lead us to regulatory questions.

Weekly Roundup: From Santa’s Salary to Holiday Spending

This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.

Weekly Roundup: From Aging in China to Smiling in Denmark

Our economic news summary includes social welfare and Denmark, crowdsourcing and contests, hitting the debt ceiling, aging concerns and expensive lobsters.

What We Can Learn from Venezuelan Inflation

Shortages, long lines, and panic buying are several ways that hyperinflation is creating chaos for local and foreign firms and consumers in Venezuela.

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.

Weekly Roundup: From Old Age to Old Signatures

Our Posts Roundup   Sunday 12.14.14  The mystery of the missing magazines…more   Monday 12.15.14  Where Italian needs a connection…more   Tuesday 12.16.14  Which movie stars live longer…more   Wednesday 12.17.14  The Christmas music list that keeps repeating…more   Thursday 12.18.14  How a signature…

The Nudge Toward a Goldilocks Savings Rate

We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.

Coin Matters

Hearing that Zimbabweans had a limited supply of coins, I recalled one person’s response to Starbucks’ price hike to $2.01 for a tall coffee in NYC: “I can’t believe it. Now I need to walk around with pennies?” I guess…

Should We Keep the Penny?

Because cost is up and use is down, the Royal Canadian Mint stopped producing pennies and, during the fall, will stop distributing those that exist. Should we also eliminate the penny? Pennies are expensive. At 2 1/2 cents a piece, making…