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A "Nudge Squad" Comes to the U.S.... 26 Aug 2013 | 05:47 pm
A few years ago, David Camerson created a Behavioral Insights Team within the U.K. government in order to better understand people's decision making processes and, in some cases, "nudge" them ... Rea...
A Handy Guide for Finding Your Economic Soul Mate... 26 Aug 2013 | 05:42 pm
No, I'm not talking about a Match.com specifically for economists. (That would be both amazing and terrifying.) Instead, a clever economist with a knack for web programming used ... Read Full Post
This Is What Happens When People Don't Take Econ 101... 26 Aug 2013 | 05:38 pm
Anyone who understands that basics of supply and demand gets that an increase in supply, in which more of a product is available at every possible price than before, is ... Read Full Post
Monetary Policy, Interest Rates, and Investment Bubbles... 26 Aug 2013 | 05:29 pm
One of the main criticisms of using expansionary monetary policy to try to stimulate economic activity during a recession goes something like this: The purpose of expansionary monetary policy ... Rea...
Fun with Supply and Demand, Oil Prices Edition... 19 Aug 2013 | 05:52 pm
Contrary to what some people appear to think, gas prices are not set by politicians and are instead the result of the forces of supply and demand. This is ... Read Full Post
Some Insights From the Economic Clairvoyants... 19 Aug 2013 | 05:49 pm
Economists generally aren't in the business of trying to predict the future, but there is a group of what the Philadelphia Federal Reserve Bank considers "professional forecasters." I guess ... Read ...
Employment and Productivity During Recessions... 19 Aug 2013 | 05:46 pm
When employment decreases more than output decreases during a recession, it implies that the remaining workers got more productive. Are they more productive because they the less productive employees ...
The Implications of Behavioral Economics for Public Policy... 19 Aug 2013 | 05:43 pm
...aka the "Nudge Squad."
When Monetary Policy Gets Comic Relief in Musical Form... 12 Aug 2013 | 05:49 pm
What do you get when you combine country-music legend Merle Haggard with the economic concept of moral hazard (other than perhaps a passed-out Merle Haggard)? You get Merle Hazard, ... Read Full Post
For Those of You Still Wondering Whether Wall Street Is Overpaid... 12 Aug 2013 | 05:38 pm
We've known th... Read Full Post
