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Showing posts with the label economics

Trading Economics: International trade, finance, labor stats, prices, from around the world

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On a business listserv, one librarian pointed out a good resource for global corporate tax rates, 2006 - current , a website called Trading Economics. But the page is great for so much more: There are real time currency and stock market data for all over the world. Plus it has data on several topics. For instance- Labor: Employed Persons, Job Vacancies, Minimum Wages, Payrolls, Population, Productivity, Retirement Age, Unemployment Rate, Wages Prices: Consumer Price Index, Export Prices, Inflation Rate, Producer Prices Also several other categories, including Markets, GDP, Money, Trade, Government, Business, Consumer, Housing, Taxes If you are involved in international trade or just want info for markets across the world, check out Trading Economics

Using “Parks and Recreation” to Teach Economics

Economic educators are always trying to find new ways to breathe fresh air into the economics classroom and to get away from conventional “chalk talk” methods made famous in movies such as “Ferris Bueller’s Day Off ”  (1986). I know we all remember Ben Stein putting the class to sleep during a macroeconomics class. A new article  in the most recent edition of the Journal of Economics and Finance Education suggests a novel approach for capturing students’ attention: using the TV show “ Parks and Recreation ” to teach economics. The authors, L. Brooke Conaway and Christopher Clark, name this method “Swansonomics,”after Ron Swanson, a libertarian leaning character in the show.  “ Parks and Recreation,” a popular show on NBC, concluded after seven seasons in February. The idea of using TV shows as teaching methods for economics has been researched and blogged about before, specifically with “Seinfeld ,” “ The Simpsons ,”  and “The Office .”  These shows provide teac...

Economics of apologies

From BoingBoing : Ben Ho is a behavioral economist who studies apologies. He presents an economic theory of apologies that predicts when apologies will change the outcome of disputes, and proposes policies to increase the frequency and sincerity of apologies. The best evidence for economics-driven apology policies are the laws that make doctors' apologies inadmissible in court; Ho cites research that claims that this leads to more physicians' apologies, which reduces patient grief and anger, and cuts down on malpractice suits.

Research Recap

Research Recap is a good source of data about equity, credit, market, and economic research.

The Economics of All-You-Can-Eat Buffets

What do health insurance and all-you-can-eat buffets have in common? The economic theory of adverse selection tells us that neither should exist.