Posts Tagged ‘cash’

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Now or Later?

    May 4, 12 • 117 Views • Behavioral Economics, Economic Debates, Economic History, Government, Households, Labor, Macroeconomic Measurement, Regulation, Thinking Economically, UncategorizedNo Comments

    Reading about why people have a tough time delaying gratification, I started to think about countries. First people… A part of your brain–the insula–becomes more active when faced with an unpleasant task like dieting or seeing your team...

  • Cashing out?

    Mar 22, 12 • 148 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Households, Money and Monetary PolicyNo Comments

    By Mira Korber, guest blogger. They say “cash is king.” But these days, perhaps cash was king. Sweden is becoming a “cashless society.” Commuters pay bus fees via credit card and text message. Religious institutions take...