A central question of economics is to understand how in the heck social coordination is able to exist in such a crazy world. With all our differences in beliefs, resources, abilities, and more, it is remarkable people can work together long enough to produce a Big Mac pretty much anywhere in the world. Economists will … Continue reading Clearly Ambiguous — Institutions
A new study was released suggesting healthcare programs for low-income children have higher returns than similar services for adults. Could this be a simple solution to the bankrupt welfare programs?
Daily Harvest gets 5 stars from me.
The reason we have such a hard time understanding concepts in economics is because many of the definitions given to terms are so clear, yet filled with ambiguity. If terms like capital or institutions have more than one interpretation, this can have some implications when getting a message across. Sometimes, an alternative interpretation will completely … Continue reading Clearly Ambiguous: Capital
Time for some girl talk about how we talk about women and their career choices. As working women, Kathryn and Kenzi discover they have strong opinions on the matter. (Not that expertise mattered when it came to parenting!)