opportunity cost

May 30, 2014

What Signals Does a College Degree Really Send?

Some economists have an unexpected reason for the college earnings premium. First, the premium… In 2011, a diploma from a 4-year college meant you would earn 83% more than your […]

May 4, 2014

Surprising Hand-To-Mouth Households

Close to one third of all households (38 million) in the US live hand-to-mouth. Like me, perhaps you have always assumed that a hand-to-mouth (HtM) household […]

March 16, 2014

What We Sacrifice for Pothole Patches

With 150,000 more potholes than last year and $12 for each temporary patch, Chicago has spent close to $3 million on pothole repair and the end […]

March 5, 2014

Is the Price of Protecting Pandas Too High?

By Madeleine Vance, guest blogger and student at Kent Place School This summer, I had an incredible opportunity to travel through China including a stop to […]

February 6, 2014

A Surprising Connection Between Tennessee and the Affordable Care Act

There is probably a tradeoff between health insurance and the demand for jobs. During 2005 in Tennessee, the demand for jobs increased when 170,000 people lost their Medicaid […]

January 21, 2014

The Trade-Offs of Prolonging Life

From guest blogger, Mariana Do Carmo, student at Yale University. What if prolonging life results in prolonging not only your suffering but also that of others? […]