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The Trade-Off Between Fun and Wages Is Real
Choosing a job or career can be daunting because there are so many factors to consider. Most of the time, we compare the costs of getting a job, such as how much schooling it requires, how difficult the application is, etc., against just one benefit—the salary. In this article, we move beyond the pay and introduce several tangible and intangible benefits to consider when selecting a job.
Newsletter
Why Are Some Social Media Sites Free to Use?
If companies always try to maximize profits, why are so many social media sites free to use? Learn how these platforms operate, as well as what positive and negative “network effects” are at play, in this May 2023 issue of Page One Economics.
Newsletter
The Inflation Rate Is Falling, but Prices Are Not
Inflation is likely a topic your students are familiar with, but there is still a lot of confusion around the concept. This brief article explains the seeming paradox we see in our economy: The inflation rate is decreasing, but prices continue to increase. We’ll also disentangle the concepts of inflation, disinflation, deflation, and the CPI.
Newsletter
What Is the Best Strategy for Paying Off Credit Card Debt?
Most of us use credit cards, and many of us have credit card debt. Economists and personal finance gurus disagree on the best strategies for paying off that debt across multiple credit cards. Check out our February 2023 issue of Page One Economics®: Focus on Finance to see why.