U.S. economy to 'grow' 3% under new GDP calculation

Apr 22, 2013
The U.S. economy will grow by 3 percent this summer, due to a change in the data used to calculate GDP.
Posted In: GDP, Economics

The Excel mistake heard round the world

Apr 17, 2013
The flurry of budget deficit reduction talks we've heard in the past three years was based on faulty research--an Excel spreadsheet mistake.
Posted In: Economics, economists

American Airlines grounded; economists make Excel mistake

Apr 16, 2013
A computer glitch and an Excel mistake each made today's news.
Posted In: American Airlines, economists, Economics

Raj Chetty: Exploring how the economy works in real life

Apr 15, 2013
Raj Chetty just won the John Bates Clark Medal for economists under the age of 40. We walk with him through one of his experiments that shed light on how people make economic decisions.
Posted In: raj chetty, Economics

Does the language you speak affect how much you save?

Feb 15, 2013
An economics professor at Yale has found the way a speaker uses the future tense can affect their likelihood of saving.
Posted In: retirement savings, Economics, behavioral economics

Nobel prize-winner Alvin Roth: 'Certainly didn't see it coming'

Oct 15, 2012
Stanford economist Alvin Roth shares this year's Nobel Prize for Economics for his work designing and creating markets where there were none.
Posted In: Nobel Prize, Economics

Nobel awarded for economics of matchmaking

Oct 15, 2012
This year's Nobel Prize in economics goes to a pair of researchers who've worked in the field of matching people to the things they want, in markets like health care and employment.
Posted In: Nobel Prize, Economics

Nobel Prize in Economics: A history of winners

Oct 15, 2012
It's best known as the Nobel Prize for Economics, but the official name of the award handed out today for the 44th time is The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. A list of past winners.
Posted In: Economics, Nobel Prize

Nobel Prize awarded to two Americans

Oct 15, 2012
This year's Nobel Memorial Prize in Economics goes to Americans Alvin Roth and Lloyd Shapley for their work in allocation systems known as "market design."
Posted In: Nobel Prize, Economics

Growing up as 'the Martian's daughter'

Sep 26, 2012
Marina von Neumann Whitman has been a lot of firsts. She was the first woman ever on the White House Council of Economic Advisers.
Posted In: women, Economics, book