Our everyday economics includes wages, externalities, productivity, income, tradeoff, taxes, fiscal policy, gender, human capital and comparative advantage.
Personal income relates to how long we sleep. Less sleep can diminish the productivity that brings a higher wage. But also, less sleep means more work time.
While everyone refers to the middle class and most of us say we are in the middle class, few know the characteristics of the group to which they refer.
It is a mystery whether college matters because it creates better human capital or creates signals that indicate graduates completed a long-term task.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
