Economy
Revealed preference as an analytical tool
Economists often rely on the concept of "revealed preference" to understand people's beliefs through their actual behavior. This approach has proven to be a valuable tool in analyzing various situations.…
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Lasted Economy
My Weekly Reading for December 29, 2024
In a recent article by David Friedman on his Substack, he delves into the issue of gerrymandering in Tennessee. He…
A Policy for All Seasons
George Selgin, a frequent guest on David Beckworth’s Macro Musings podcast, recently discussed a range of topics including Bitcoin, debanking,…
Can Game Theory Explain Cooperation?
Game theory has always been a complex subject for many, including myself. Despite taking undergraduate courses in the field, I…
The Roth 401(k) is becoming more common
Retirement savers, take note: more employers are now offering a Roth savings option in their workplace 401(k) plans. This change…
The golden age of immigration is now
The debate around immigration in the United States has been ongoing for decades, with some critics arguing that the country…
10-year Treasury yield rises slightly, hovering near seven-month high
The 10-year Treasury yield continued its upward trend on Friday, remaining near a seven-month high. The benchmark 10-year Treasury yield…
A Search by Any Other Name
A Reflection on Military Life: The Reality of "Health and Comfort Inspections" Let me take you back to my younger…
If interest rates stay ‘higher for longer,’ the winners are those with cash accounts
The Federal Reserve's recent forecast of a slower pace of interest rate cuts has left many people feeling discouraged, especially…