Students asked for more real world applications for their classes. To meet this demand we are breaking our blog down into three areas. 1) microeconomics, 2) macroeconomics and 3) statistics.
- Economists argue some types of misbehavior in K-12 schools may lead to higher earnings. Which types are they? http://www.brookings.edu/blogs/brown-center-chalkboard/posts/2015/09/22-misbehavior-pays-off-papageorge
- What will happen when people can rate other people? Will that affect labor markets and marriage markets? http://marginalrevolution.com/marginalrevolution/2015/10/yelp-for-people.html
- If more women worked outside the home GDP increases. Especially since taking care of kids, cleaning the house and other household work does not count in GDP. http://www.economist.com/news/finance-and-economics/21667949-world-would-be-much-richer-place-if-more-women-had-paying-jobs-power
- Will consumer spending increase stock prices? http://money.cnn.com/2015/09/29/investing/stocks-third-quarter-fourth-quarter-rally/index.html
- Venture capitals argues for trickle up economics i.e. lower taxes on the poor and middle class, improved schools, improve healthcare, and transportation. http://fortune.com/2015/09/29/its-time-to-try-trickle-up-economics/
- Top 10% of earners pay 70% of Federal Income Tax. http://www.ntu.org/foundation/page/who-pays-income-taxes
- “What appears to happen during this time—the years I look at are 1994 to 2008, just based on the data that’s available—is that the probability that a district attorney files a felony charge against an arrestee goes from about 1 in 3, to 2 in 3.” http://www.slate.com/articles/news_and_politics/crime/2015/02/mass_incarceration_a_provocative_new_theory_for_why_so_many_americans_are.single.html