The Economic Side of Predicting the Weather

Way beyond predicting the rain and temparature, the National Weather Service, engages in far reaching weather economics.

The Economic Side of a Sandwich

Whether it’s breakfast or lunch, a look at sandwich economics tells us about our food tradeoffs and our GDP spending.

Why Grandma Was Happy

Researchers believe that by looking back at millions of books to quantify the history of happiness, they can create a happier future.

What Does Our Well-Being Cost?

Through new well-being metrics, we can see alternative criteria to which policy makers can respond after the GDP.

Why We Won’t Get the Gifts We Want

For this holiday season, economists tell us that gift giving could say more about the giver than what the recipient wants.

A New Way To Measure the GDP

We can identify new GDP facts about size and wellbeing by seeing the GDP through the PPP lens of the International Comparison Program.

An Update: How a House Builds the GDP

A detailed look at how housing spending boosts the GDP reveals every floor of the expense and its significance.

Where the U.S. Is Shrinking

Whether measuring the height of a mountain or the size of the GDP, we need a similar kind of statistical consistency.

A Goldilocks Look at the U.S. Debt

How to decide if adding $4 trillion (or so) to the U.S. debt is too much, too little, or just right? We can start with ourselves and ask if $200,000 is a lot to borrow when you buy a home.…

Where Women Do the Most Unpaid Work

In Beijing, unpaid housework just got a price. Because of their new Civil Code, a Chinese judge decided that a divorce settlement had to include compensation for the former wife. He said that in addition to monthly alimony, she was…