This week’s economic news summary included David Bowie’s financial innovation, China’s GDP cement problems, inequality contradictions and farm productivity.
The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.
This week’s stories on everyday economics include competitive market structures, business cycles, saving, conspicuous consumption and economic indicators.
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…
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.
