Trees and Money

In one NPR report on trees and income inequality, a senior online NOVA editor showed his sky shots (below) of Piedmont CA and nearby West Oakland. Piedmont, which he described as a “wealthy enclave” was quite green while West Oakland…

Winning World War II With Numbers

The year was 1940. Seeing that war might be imminent, President Roosevelt approached the president of General Motors. Wartime conversion was the issue. To become an “arsenal of democracy,” how could we produce planes instead of Pontiacs? With GM’s president…

Home Economics

What if we think of a household as a production unit that does child care, gardening, cooking and cleaning? And, if the work in the home is “outsourced” when people hire a nanny, a housekeeper, a gardener or do take-out…

Marriage Data

When a valid research study with dependable numbers says the marriage age has climbed to historic heights, should we assume its conclusions are valid? Not necessarily. In Economix, Catherine Rampell describes the problem. Her story begins with a Pew Research…

Home Work

More unemployed means more people at home. One study asked, what are the unemployed doing? During every day’s “foregone market work hours,” unemployed people are occupied with home production, leisure, and job search. The day’s time allocation, though, is far…

Some Like It Hot?

A warmer Detroit? A wetter New York? In the future world that UCLA professor Matthew Kahn describes, cities will adapt to climate change. Assuming that warming is gradual, populations will migrate and innovate. If San Diego becomes less habitable, people…

How Are We Spending Our Money?

Has the recession changed how we spend? Here are the numbers that give some answers according to a summary from Michael Mandel, former BusinessWeek chief economist.: Since the 4th quarter of 2007, we have spent more on: 1) telephone equipment/up…

Challenging the GDP

Articles describing Dr. Stiglitz’s conclusions about the weaknesses of the GDP omit one key piece of information. Can an equally objective statistic replace it? When Simon Kuznets developed the GDP concept during the 1930s, he selected quantifiable variables that could…