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We Finally Know If Money Makes Us Happy
In a 2010 paper, Nobel laureates Daniel Kahneman and Angus Deaton concluded that we plateau somewhere between $60,000 and $90,000. As income rises to as much as $90,000, we get...
The Mystery of Missing Money
Late last Wednesday night, a tractor trailer driver pulled into a parking lot at a mall in Northeast Philadelphia. Hoping to take a snooze, he left his cargo of 7.5 million dimes...
Rising prices and falling output
The “Inflation Reduction Act” of 2022 was one of our more inappropriately named pieces of legislation. (And there’s plenty of competition—recall FDR’s National Industrial...