Posts Tagged ‘credit cards’

  • Everyday economics of using cash

    Who, How and When We Use Cash

    Dec 4, 14 • 417 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 • 296 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 • 359 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 • 342 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]