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 Hot Hands to Sunk Costs
The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.
Weekly Roundup: From Milkmen to Menus
This week’s stories on everyday economics include competitive market structures, business cycles, saving, conspicuous consumption and economic indicators.
Age Matters
How old are you? Between 35 and 69? Then you are more likely to be a saver. As a saver, you might place your money in a bank, or buy a government security, or invest directy or indirectly in a…