Tags: timothy taylor

Measuring the "Free" Digital Economy

January 14th, 2018
in gdp, macroeconomics

The digital economy provides a number of services for which the marginal price (given an internet connection) is zero: games like Candy Crush, email, web searches, access to information and entertainment, and many more. more »

Fighting Colony Collapse Disorder: How Beekeepers Make More Bees

Bees and pollination play an important supporting actor role in economic discussions of how and when markets will work well. more »

Rising Job Tenure and Its Tradeoffs

June 15th, 2017
in employment

Given the tumultuous changes in the US economy in recent years, I would have guessed that average "job tenure"--that is, the average time that someone with a job has held that job--was declining. My guess would have been wrong. more »

A Stroll through US Trade Statistics, and How It Always Balances

April 8th, 2017
in trade data

"America’s commerce with the rest of the world must be and always is balanced when taking into account investment flows as well as the exchange of goods and services. ... [O]ne key insight for public policy is that the total outflow of dollars each year from the United States to the rest of the world is matched by an equal inflow of dollars from the rest of the world to the United States. more »

Wasteful Health Care Spending

February 28th, 2017
in aa syndication

The high costs of health care are not just an issue for the United States, but for countries all over the world. The OECD addresses the issue of How to Tackle Wasteful Health Care Spending in a January 2017 (which can be ordered or read online for free here). more »




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