Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.
Because consumer spending perception is based on what is regularly purchased, the bacon cheeseburger (cheese, bacon, beef) can be an inflation indicator.
This week’s economic news summary includes the transactions costs of new medical diagnostic codes, the personal and macro impact of the student loan crisis.
Box office comparisons for summer blockbuster films like Jurassic World and total film revenue are misleading unless the numbers take account of inflation.
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
Our week’s everyday economics include inflation, supply and demand, income mobility, property rights, incentives, default, CDS, and monopoly pricing.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
