Tom SpencerMonkeys learn to use money – what can we learn? ASSOCIATE PROFESSOR of Economics Keith Chen taught a bunch of monkeys to use money. What he discovered was that not only could the monkeys learn to understand the value of money and how to use it, they were also very good at changing their consumption behaviour […]
Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it ~ Ferris Bueller THE FRENETIC pace of daily life in Ho Chi Minh City combined with incredible time lapse photography produce a short video that gives you pause for thought (hat tip to Mike Maier for the video). […]
RECENT falls in the officially reported US unemployment rate are an optimistic sign. That said, it is worth remembering that the official US unemployment rate (currently around 9.1%) systematically understates the “real” unemployment rate. This is not a new phenomenon, and occurs because of the particular way in which the US Bureau of Labor Statistics chooses […]