Economic Way of Thinking

It's remarkable how economic development, and the process of locating a new facility, has changed in the last decade. Just 10 years ago, with a national unemployment rate of 10 percent, companies had little problem finding available employees, and most site location decisions were based on…

Fiat Chrysler is expected to qualify for a suite of state tax incentives as part of its plan to invest $4.5 billion in five Michigan plants.

"Amazon abandoned a high-profile, multi-billion-dollar project rather than stick around and try to make its case."

Walmart plans to offer cash bonuses to workers with perfect attendance records and offer a new PTO benefit.

Patriots TE Rob Gronkowski signed a revised contract Thursday that could make him the NFL's highest-paid tight end.

Season 03 Episode 03, "The Gothowitz Deviation". Sheldon attempts to modify Penny's behaviour by giving her a chocolate every time she does something right. ...

Until we have influencers willing to accurately define reality, we will continue to attempt to fix the blame rather than fix the problem.

We do what we are rewarded for doing. We are strongly motivated by the desire to maximize the positive consequences of our actions and minimize the negative consequences. Academics identify these a…

Bud commercial.

Former Wells Fargo bankers tell CNNMoney's Cristina Alesci how they tricked customers and opened fraudulent accounts.

This clips includes a few different economics concepts rolled in to one. The overarching theme is that of consumer choice where Homer appears to experience diminishing returns while trying to eat a…

For the questions below, refer to the following table showing Jenny's Total Utility from eating pizza.

"The numbers certainly matter, but they're only a starting point; a commitment to diversity and inclusion has to run much deeper to be successful," Chief D&I Officer Bo Young Lee said in the report.

The tax incentive package for Fiat Chrysler Automobiles' $1.6 billion conversion of two Detroit engine plants into a new Jeep assembly plant and other investments in Southeast Michigan could top $400 million after additional tax increment financing measures are tacked onto the deal.The Michigan…

How more people would solve (some of) America’s problems.

As society gets richer, people chase the wrong things.

Capitalizing on 2020’s explosion in work-from-home arrangements, a Michigan economic development group is rolling out a package of incentives — including $15,000 cash, driving range memberships and free passes on commuter rail — for Chicagoans who move to its slice of southwest Michigan. The…

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Can you think like an economist? It's time to find out! Eight questions stand between you and a diploma-like certificate of economic achievement.

What motivates experts to contribute to Wikipedia? Yan Chen, an economics professor at University of Michigan, ran a field experiment to find out.Wikipedia is one of the most-visited sites in the

SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Every decision you make comes with a price, which economists call the "opportunity cost." Understanding it can help you become a better CFO of your life. Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://en.wikibooks.org/wiki/Microeconomics/Opportunity_Cost https://www.th...