It’s common knowledge that there is a disparity between men and women’s wages, but is there also a gap between the prices of products that we buy that serve the same purpose? Products marketed to women and girls on average cost 7% more than identical products sold specifically to men. The reason so many companies are able to do this is that neither gender searches outside products marketed to them, rather they make an economical choice between brands within their gender packaging. Most astonishingly a study found that Target sold three wheel scooters, one red for $24.88, and one pink for Continue reading Does it Cost More to be Female?
It’s safe to say that almost everyone agrees that the price of higher education in the United States is far too high. Although 44% of college students opt to attend a more affordable community college, tuition prices have been steadily increasing over the years due to a lack of state funding. In fact, according to College Board, the price of going to community college for two years has increased by 250% in the past 30 years. As you can see in the chart below, there is a primarily negative correlation between changes in education spending and changes in tuition costs: Continue reading Analysis of Obama’s Free Community College Proposal
HT to Barry Ritholtz for sharing this video on how we (often fail to) understand risk in the context of health care policy. It includes a great example of why requiring child seats on planes is inefficient, and what diseases are real killers in the United States. (Approx. 6 min.)