Managerial Econ

  incorrigible The 'nice'  word for someone (or government)  that never learns from  their mistakes  is “incorrigible” which is defi...

  Source: WSJ Source:  Econofact We estimate the average percent of income donated to charity ranges from 1.44% to 2.01% across income group...

    What happened:   The winter surge of COVID-19 stopped and then reversed the progress in returning to work that had been made by the lowe...

  in the NY Times This is a crisis that reveals California’s conservatism — not the political conservatism that privatizes Medicare, but the...

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 Written by three economists, Prediction Machines analyzes the potential of AI and as a fall in the cost of prediction.  The top review on ...

The LA Times reports that, when the city of Long Beach imposed $4 an hour additional hero pay, some super markets decided to close instead....

At the beginning of the pandemic, the demand for N95 masks outstripped the available supply. Prices doubled overnight to near $7 per mask (a...

Earlier we noted that Shiller's CAPE (cyclically adjusted P/E ratio) is the second-highest its ever been  behind only the tech bubble of...

from MarginalRevolution.com ... almost all of the effects of the minimum wage came from substitution of higher productivity for lower produ...