The very noticeable impact of inflation combined with increasing interest rates are taking a toll on most every American’s financial situation.
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Economics
As a foundational social science that guides business decisions, economics studies how individuals and firms allocate scarce resources, how consumers and firms interact in the market place and the resulting economy as a whole.
Pricey stones – that are not diamonds.
Every four years, when the Winter Olympics are on TV, people chuckle about "the funny sport with the brooms" - curling. If you know me well, you know
Oh baby… a look at the baby formula shortage
I think everyone remembers the "great toilet paper shortage" of 2020, when toilet paper all of a sudden turned into one of the most coveted items in
Zeno’s Paradox and the Government Multiplier
Imagine walking from one side of a room to another. Suppose it’s 2 meters long. Simple enough. You take a step. You take another. Before you know it,
Bitten by the Travel Bug?
As summertime is approaching, students all over the country are packing their bags and are getting ready for study abroad trips. In the past, faculty
The Best Offense is a Good Defense
The Case Against Bomb Shelters The nuclear standoff between the United States and the Soviet Union during the Cold War will surely go down as one of
The Economics of Love
When I saw that my next blog post was going to post on Valentine's Day, I asked myself the question: "What can economics tell us about love?" I know, I
Three Financial Health Tips For the New Year
Evaluating your personal finances on an annual basis is a great way to assess your financial health. We all have different values and goals that
The Supply and Demand Model is Wrong
We’ve all heard economists and analysts utter the expression, “It’s all simple supply and demand!” when trying to explain some market phenomenon. Maybe
The Quest for Causality
The 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded jointly to David Card “for his empirical contributions to
