In a list of smiling societies, the U.S. could be close to the top for a surprising reason that relates to immigration and diversity.…
Econlife Quiz: Do You Know Your U.S. Presidential Election Economics?
It’s always handy to sound like you know your economics. So, after taking the econlife U.S. Presidential Election Economics Quiz (below), based on the third and final debate, see if you need the follo…
Weekly Roundup: From Blockbuster Movies to Student Debt
This week’s economic news summary includes the transactions costs of new medical diagnostic codes, the personal and macro impact of the student loan crisis.…
The Importance of Accurately Estimating When We Will Die
Retirement savings and income depend on the person’s prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.…
The Government Websites We Most Like (or Hate) to Visit
Website traffic can tell us the information we need from government and some clues about the federal budget.…
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.…
The Best Places For Growing Old
With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.…
All You Need To Know About the World’s Social Security Systems
Showing adequacy, sustainability and integrity for pension systems, a Melbourne Mercer Global Pension Index infographic ranks retirees’ entitlements.…
Why Baby Boomers Will Pull Productivity Down
1999 might have been Derek Jeter’s best season. Twenty-five years old, he had 219 hits, 24 home runs and 102 RBIs. His batting average was .349. You can see below that .349 was Derek Jeter’…
Our Weekly Roundup: From Traffic Lights to Sneakers, Everyday Economics Explained by 5 Great Economists
Our Econlife roundup for the week 7.14.14 An island without traffic lights displays the benefits of Adam Smith’s laissez-faire…more 7.15.14 Why David Ricardo would approve of where …