Economics majors are on the lower end in terms of the proportion with only a bachelor’s degree (55.5%), near the middle of ...

I’ve just started reading Chelsea Follett’s new book The Grim Old Days, which shows just how bad things were in the past.

Adam Smith kicked off modern economics by asking what causes nations to become wealthy. We’ve spent centuries improving our ...

The youngest economist was born this week! So far we’ve graded intermediate Micro exams, Western Economic History literature ...

Prices as a Map for Minds That Can’t Know Everything More at the link above. The summary is: The striking possibility is that ...

We noted that “People Are Paying For Music Again” in 2024, showing that streaming was partly making up for the drop in sales ...

UPDATE: see also this post on homeowners versus renters, which givens important context to this post. Are Americans spending more of their income on housing than in the past? Using data from the ...

UPDATE: Michael Green has written a follow-up post which essentially agrees that $140,000 is not a good national poverty line, but he still has concerns. I have written a new response to his post. I ...

We all like high returns on our investments. We also like low volatility of those returns. Personally, I’d prefer to have a nice, steady 100% annual return year after year. But that is not the world ...

I really don’t like the time and effort wasted in cleaning crudded-up frying pans, so I appreciate non-stick coatings. I have a small diameter Gotham ceramic pan that works well, and I was thinking of ...

Regular readers know that I’ve written numerous times about the wealth levels of younger generations, such as this post from last month. Judged by average (and usually median too) wealth, younger ...

BLS is slowly (actually, it probably feels very quick for those working on it!) catching up on data releases that were delayed during the federal government shutdown. This week, we saw the release of ...