How taxing work affects employment

Note: This is post #104 in a weekly video series on basic economics. An important factor influencing an individual’s decision whether to keep working as they get older is their government’s tax and retirement policies. Continue Reading...

What labor force participation is (and why it matters)

Note: This is post #103 in a weekly video series on basic economics. Labor force participation is an important concept connected to employment. The labor force participation rate is defined as the section of working population in the age group of 16-64 in the economy currently employed or seeking employment.  Continue Reading...

What you should know about frictional unemployment

Note: This is post #100 in a weekly video series on basic economics. Unemployment is generally harmful to both the economy and to the individual. But there is one type of unemployment that is (mostly) benign, and can even be beneficial: frictional unemployment. Continue Reading...

Are you more rational than the market?

Note: This is post #96 in a weekly video series on basic economics. The stock market is prone to certain anomalies. There’s the Monday Effect (where stocks fall more on Mondays), the January Effect (which says that stocks surge higher in that month), and the Momentum Effect (where past stock performance predicts future performance, at least a bit). Continue Reading...

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