With Silicon Valley being called a massive ATM, researchers looked at the opinions of elite technology entrepreneurs to see their political influence.…
Should Everyone Get a Basic Income?
For different reasons, a guaranteed basic income appeals to liberals and conservatives but few people appear ready to vote for it.…
Weekly Roundup: From Chinese Cement to Bowie Bonds
This week’s economic news summary included David Bowie’s financial innovation, China’s GDP cement problems, inequality contradictions and farm productivity.…
Weekly Roundup: From Playing Monopoly to Flying Drones
Our everyday economics includes BRICs & MINTs, supply, monopoly, tradeoffs, economic consensus, innovation, property rights, redistribution, fertility rate.…
Part 1: What To Do When More People Are Old
As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.…
Why Academy Award Winners Might Live Longer
Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.…
Weekly Roundup: From Turkey to Buffalo
This week’s everyday economics include competition, oligopoly, marginal cost and benefit, GDP growth, unemployment, supply and demand, OPEC, redistribution.…
A Bigger (Thanksgiving) Pie or Equal Slices?
Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.…
Should Water Be Free?
Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.…
John Stuart Mill on Affordable Health Care
A child prodigy, 19th century economist John Stuart Mill said in his Autobiography that, “I have no remembrance of the time when I began Greek; I have been told that it was when I was three year…