Posts Tagged ‘production possibilities frontiers’

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    Millionaire Inventors

    Oct 21, 11 • 106 Views • Businesses, Demand, Supply, and Markets, Innovation, International Trade and Finance, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Assume you have $1.4 million dollars that you want to give away. Your goal is to spur the development of new technology, but just not any innovation–something that you want people to invent. Which technology would you choose? The people at the X Prize...

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    Gender Matters

    Mar 31, 11 • 122 Views • Behavioral Economics, Businesses, Gender gap, LaborNo Comments

    For years, female musicians said that they were being treated unfairly. The problem, they claimed, was audition bias. Many more men were selected for orchestras than women. The response was that the men were better. A Harvard and Princeton study found,...

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    New Financial Products

    Mar 19, 10 • 106 Views • Financial Markets, Innovation, Thinking EconomicallyNo Comments

    Instead of a garage or a laboratory, think of an office or a conference room. And, rather than a computer or an aircast, imagine a junk bond or a bank account.  All of these products, at one time were invented.   In a recent Brookings article,...