Love is in the air! I recently married the love of my life. Marriage is not only a great tradition, it is economically effective! Well, in theory. We can now bask in the cost savings of consuming goods together such as a home, car, kids, Netflix accounts, groceries, and so much more! Continue reading “Making Decisions When Married: A Wicksellian Perspective”
You hear it all the time: “Something weird happens to you when you turn 30.” Life gets a bit more serious, namely career changes, concerns about retirement, and passing out well before midnight. The term “settling down” takes over your mind. Continue reading “Got a Little Older, Got a Little Wieser”
Don’t you love feedback? Admittedly, some of us, not so much. But, if we think about it. Feedback is a necessary part of life. We get feedback whenever we do anything. If you try to shoot a basketball into the hoop, and you miss, you’re given instant feedback to change your form or improve your aim. Continue reading “The Body’s Feedback Loops”
In lieu of the most nationalistic, err… patriotic, holidays of the year, let’s celebrate the Fourth of July by diving into this year’s EconIcon –Trump’s economic trade advisor, Peter Navarro.
Dogs may not see the gains from trade like humans. Though, like humans, as they engage with other dogs (and humans), they end up figuring it out on their own. Continue reading “Doggonomics: The Gains from Trade are not Taught, They’re Discovered”
The economic landscape of the United States has changed dramatically since the 1960s. Especially, in the arena of fatherhood. Continue reading “Changing Landscape for Dads”
If you mosey on over to Selena’s Instagram page, you’ll see that she is sporting a ton of Puma gear. According to E! News, she signed a two year deal worth over $30 million. Kim Kardashian is another all-star advertiser earning $500,000 per post. Cristiano Ronaldo carries a whopping 104 million followers and also cashes in at around $400,000 per sponsored post.
It’s not what you think. I’m talking about the “high-type” person in economic models of price discrimination. Sorry, but the rest of this post might help you make better cost-saving decisions in the future. Continue reading “Discriminated on Price Because You Were High”
In 12 Rules for Life, Jordan Peterson gets to a point that is paramount for healthy living:
“That’s how you deal with the overwhelming complexity of the world: you ignore it, while you concentrate minutely on your private concerns. You see things that facilitate your movement forward, toward your desired goals. You detect obstacles, when they pop up in your path. You’re blind to everything else (and there’s a lot of everything else—so you’re very blind). And it has to be that way, because there is much more of the world than there is of you. You must shepherd your limited resources carefully. Seeing is very difficult, so you must choose what to see, and let the rest go.”
Seeing as we can find the economics in everything, the message given by Solomon (the Teacher) is laden with a few foundational principles of economics. Continue reading “Nothing New Under the Sun”