One of the frustrations of the modern US economy is that it costs money to make payments. Credit cards have fees.
Most people don’t have a clear intuitive grip on numbers that are either pretty small or pretty large.
When inflation first started kicking up its heels last summer, there was a dispute over whether it was likely to be temporary or permanent.
A few parts of this half-hour interview on “The Current and Future of Econometrics” with Jeffrey Wooldridge, conducted by several questions for a nonprofit called SciEcon-AMA (of which I have no knowledge), may be more accessible to researchers in of that blend of economics and statistics known as “econometrics.”
When it comes to public policy affecting children, two issues always arise.
By printing more money to pay off their national debt, governments are increasing inflation.
With “the Great Resignation”–that is, the rise in people since the pandemic who are out of the labor force and neither employed nor looking for work–it’s perhaps useful to point out some substantial shifts in racial differences in labor force participation.