Richard Thaler on Behavioral Economics and the Video of the Lecture
Reminder that Richard Thaler won the Nobel Prize in economics 2017.
This blog will highlight relevant items for the Library, Educational issues and also interesting and current Economic points.
Tuesday, 19 June 2018
Friday, 15 June 2018
Wednesday, 13 June 2018
The Fed, Interest Rates, Inflation and Unemployment
Post from the Dangerous Economist on Inflation and Unemployment - Philips Curve anyone??
Bangladesh reaches Middle Income Status
Blog post from Timothy Taylor who has an Economics Blog reporting that Bangladesh has moved from Low Income to Middle Income status. Interesting article for Development Economics.
Thursday, 7 June 2018
What money can't buy
Maybe more Philosophy than Economics? Introduces some difficult questions and so is worth a look.
Link to blog post.
Link to blog post.
Making things more expensive for the poor will help them get out of poverty.
If the above headline does not seem to make sense read this article in the Guardian about a proposed change in US policy. Though I will warn you now it still does not make sense unless you assume that people are choosing to be poor and that they have other options.
Friday, 1 June 2018
Delayed Gratification and the Marshmallow Test
Remember that Marshmallow test showing delayed gratification? Well it does not really predict success after all. Article from the Guardian.This has been disproved before and as usual socioeconomic status and parents education have far more impact.
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