Economics In Real Life

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Are we heading for Financial Armageddon?

The internet is filled with financial prophets of doom, all proclaiming the Fiat Money End Times. Should we be worried that they're right?

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uber and the metered taxi strikes

Uber and the Metered Taxis: It’s Not About Price

Yes, Uber might be cheaper - but why aren't the metered taxi drivers demanding that Uber raise its prices? Something...doesn't add up.

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knowledge bias and triangles

Knowledge Bias: Most Of What We Know Is Wrong

I learned something about triangles. Also, I appear to have been wrong all along.

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prospect theory

Prospect Theory: All the payoffs

A slightly-preachy example of political prospect theory. Because why not.

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Cognition

Cognition: Being The Best Version Of Yourself

It seems that there are more people in your head than you'd think.

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love economics, and balloons

Love Economics: the art of partnering up

Finding a partner might be a game of economic efficiency. And isn't that historically accurate?

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toy economies and babysitting

Toy Economies: a recession of babysitters

A short tale of economic whimsy. And a recession. And then shortages.

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All the fake news

Fake News: hunting for the truth algorithm

You know what a truth algorithm is? It's a regulation. I mean, it might be a good one. But it's still a regulation.

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Why do UberX drivers drive so slowly?

And what do UberX drivers earn per hour? Because the answer on Uber's webpage seems...high.

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cultural stereotypes and labels

The Economics of Cultural Stereotypes

Are some economies culturally doomed to fail, while others culturally destined for prosperity? Or can cultures change?

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