Our everyday economics includes productivity, markets, prices, externalities, social norms, distribution, scarcity, environment, regulation, monetary union.
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.
Our Weekly Roundup: From Prop 8 to Alexander Hamilton
An Econlife roundup for the week This week same-sex marriage and human capital, natural gas and opportunity cost were some of the ways we connected everyday life with economics. 06.30.14 The battle against Prop 8 was about more than validating same-sex marriage…more…