December 2010

Wednesday, December 15th, 2010

The Price of the Financial Crash

Here’s another measure of the price we paid for the housing bubble and subsequent financial implosion: delayed retirement. The crisis vaporized a large slice of the retirement savings of many older workers. Economists at the Federal Reserve Bank of Chicago … Continue reading

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Wednesday, December 15th, 2010

Are Bankers Worth The Bonus?

Bankers, of course, believe they deserve big fat bonuses. Last year, in the midst of an unprecedented economic cataclysm brought to us by our friends in the financial sector, Wall Street bankers awarded themselves $124,000 per employee, on average. Now … Continue reading

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Tuesday, December 14th, 2010

The Price of Color

Of course packaging is designed to urge us to buy. For Sale signs are not written in shocking imperious red by chance. The color is meant to communicate BUY! NOW! Color, in fact, has very nuanced effects on purchasers’ habits. … Continue reading

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Tuesday, December 14th, 2010

How much is a tweet worth?

Toyota thinks $500

Posted in Internet | 1 Comment

Monday, December 13th, 2010

Babies cost more than condoms

Think of it: room and board, tuition… I thank my colleague Catherine Rampell for the pointer

Posted in Uncategorized | 1 Comment

Monday, December 13th, 2010

The Price of British Happiness

Flailing amidst an epochal economic downturn, governments around the world are desperate to change the subject and distract voters from their dismal economic prospects. So it is perhaps unsurprising that our political leaders have chosen this moment to propose the … Continue reading

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Friday, December 10th, 2010

The Price of Having Kids

Despite the enormous strides taken toward gender equality in the last century, having children can still be very expensive for moms. I’m not talking about the cost of raising and educating a kid. The biggest cost is that experienced in … Continue reading

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Thursday, December 9th, 2010

The Price of Cheap Energy

Americans’ deep skepticism about the perils of global warming is perhaps most evident in the price they pay for energy. American drivers benefit from some of the cheapest gas outside the Middle East. A gallon of gas in the United … Continue reading

Posted in Taxes | Tagged | 3 Comments

Thursday, December 9th, 2010

The Best Price

Could the Internet give us a store where we can get the best possible deal on any item?  (Tip: you might get it for less if you click through to compare prices.)

Posted in Internet, Shopping | Tagged | 1 Comment

Wednesday, December 8th, 2010

The Price of Doing Good

            Here’s a suggestion for all the altruists out there; the noble hearts that devote their lives to end world hunger, expecting nothing in return: you might want to reconsider. If you insist on pursuing your selfless ways you may … Continue reading

Posted in Altruism | Tagged | 1 Comment