Category Archives for economics
Can you survive in the gig economy?
Really nice work by The Financial Times to try to give a glimpse into life in the gig economy. Scenario: You’re a full-time Uber driver with two kids to support, and a $1000 mortgage payment due in a week. Can … Continue reading
Falling stock prices are good
There is no reason to panic in a market downturn, according to Warren Buffett: A short quiz: If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for higher or lower prices … Continue reading
Don’t look down
The Economist: One paradoxical consequence of this “last-place aversion” is that some poor people may be vociferously opposed to the kinds of policies that would actually raise their own income a bit but that might also push those who are … Continue reading