Some Thoughts About Economic Exposition in Math and Words
Analysis in economics and other social sciences often uses a combination of words and mathematics. There is an ongoing critique by those who...
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Friday, February 23, 2018
Thursday, February 22, 2018
A Grasshopper View: The 2018 Economic Report of the President
The Council of Economic Advisers was established by the Employment Act of 1946 as a separate office in the White House. Along with an ongoi...
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Wednesday, February 21, 2018
Brainstorming Anti-Poverty Programs
There are legitimate concerns about how the poverty line is set. It was set back in the early 1960s and adjusted for inflation since then, b...
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Tuesday, February 20, 2018
Pollutant Taxes on Energy: Why So Focused on Roads?
Most countries of the world tax oil products, especially the gasoline used in the road sector, but impose only very low taxes on other fossi...
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Monday, February 19, 2018
Some Patterns for Same-Sex Households
A couple of decades back, it was hard to find systematic and reliable information on the economic and family characteristics of same-sex co...
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"The Great Advantage of the Americans Consists in Their Being Able to Commit Faults Which They may Afterward Repair"
Why is it that the United States (or democracies in general) can in many cases pass foolish bad laws or make a misguided selection of leade...
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Friday, February 16, 2018
Homeownership Rates: Some International Comparisons
High-income countries vary considerably in the share of households that own their own homes, The US rate of homeownership was about average ...
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Thursday, February 15, 2018
Rising Interest Rates, but Easier Financial Conditions
The Federal Reserve has been gradually raising its target interest rate ( the "federal funds interest rate) for about two years, since ...
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Wednesday, February 14, 2018
Nudge Policies
A considerable body of evidence suggests that people's decisions are affected by how a choice is presented, or what the default option l...
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Tuesday, February 13, 2018
Network Effects, Big Data, and Antitrust Issues For Big Tech
You don't need to be a weatherman to see that the antitrust winds are blowing toward the big tech companies like Amazon, Facebook, Googl...
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Monday, February 12, 2018
Four Examples from the Automation Frontier
Cotton pickers. Shelf-scanners at Walmart. Quality control at building sites. Radiologists. These are just four examples of jobs that are be...
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Friday, February 9, 2018
Olympic Economics
Before settling into my sofa for a couple of weeks of watching the athletes slip and slide through Winter Olympics from PyeongChang, I need...
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Here's a slightly obscure passage that made me cackle. Among the ancient Greek philosophers, the virtues were considered to be philosoph...
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The interaction of a bubble in real estate prices with the banking and financial sector drove the US economy into the Great Recession. For a... -
On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be c...
Hello, my name is Aloaye Victor. I'm a 23 year old self-employed Blogger from the UK.
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