Posts Tagged ‘GDP’

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    Who Does the Housework?

    Apr 19, 11 • 316 Views • No Comments

    Who makes dinner in your home? Walks the dog? Goes to the supermarket? A study from the Organization for Economic Cooperation and Development (OECD) compared unpaid work in 29 countries. Predictably, they concluded that women do a lot more than men. But,...  [read more]

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    Geography Matters

    Apr 15, 11 • 303 Views • No Comments

    According to Harvard economist Ed Glaeser, big US cities deserve our attention. Rather like a ripple, first, as ports, they attracted commerce. Commerce led to more affluence. The affluence brought more people. The people wanted better education. Better...  [read more]

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    SAT Questions

    Apr 4, 11 • 341 Views • No Comments

    NFL draft candidates, supermarket cashiers, and college applicants all share one characteristic: A short-term test. To judge a draft candidate, the NFL might clock a 40-yard run. To decide the productivity of a cashier, researchers have timed how fast items...  [read more]

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    Replacing Broken Windows

    Mar 24, 11 • 295 Views • No Comments

    During a CNBC interview, former Treasury Secretary Lawrence Summers said that Japan’s massive earthquake “…may lead to some temporary increments, ironically, to GDP, as a process of rebuilding takes place.” Commenting on the interview,...  [read more]

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    State Finance

    Dec 6, 10 • 329 Views • No Comments

    Which state postponed a pension fund payment of $3.1 billion because of big budget problems and had a 2.4% decrease in its real GDP? (Still though, this state has the second highest median income.) The answer? New Jersey. New Jersey, though, is not alone. Jon...  [read more]