Posts Tagged ‘credit cards’

  • economic news summary and credit card winners and loser

    Credit Card Winners and Losers

    Nov 15, 15 • 99 Views • No Comments

    Because banks and other issuers of credit cards cover costs by charging retailers a fee, those sellers raise their prices to cash and credit customers......  [read more]

  • Everyday economics of using cash

    Who, How and When We Use Cash

    Dec 4, 14 • 720 Views • No Comments

    Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments......  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Now or Later?

    May 4, 12 • 511 Views • No 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......  [read more]

  • Cashing out?

    Mar 22, 12 • 624 Views • No 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......  [read more]

  • 16542_6.8_000011863582XSmall

    Just Like Yap Money

    Feb 25, 12 • 659 Views • No Comments

    To a Yap islander, in 1903, a 12-foot limestone wheel had considerable value. Described by NPR’s Planet Money, the wheels, as small as a foot in diameter and as large as twelve, composed the islanders’ monetary system. With smaller transactions,......  [read more]