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Category: economics

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Economics

The Hidden Costs of Research: Lessons from NIH Overhead Funding

This 2014 Nature article explores the complexities of indirect costs in NIH research funding, highlighting how institutions must negotiate reimbursement rates for essential but often overlooked expenses like administration, facilities maintenance, and utilities. While direct research funding captures attention, the “less sexy” infrastructure costs are vital for sustaining cutting-edge science. Due to federal caps and […]

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Economics

Breaking the Friday the 13th Myth

What the Stock Market Really Tells Us It’s Friday the 13th—an ominous date for some, marked by superstition and fear. But what if I told you that this notorious day, so often avoided by the overly cautious, is actually something of a lucky charm for global stock markets? Buckle up, because the real story behind […]

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Economics

The Domino Effect in Supply Chain Finance and Business Risk

Imagine you’re watching a row of dominoes—each piece perfectly aligned, representing different companies within a supply chain. With a slight nudge, one domino falls, triggering a cascade that topples the entire row. In today’s interconnected world, businesses aren’t just isolated entities; they’re deeply interwoven into intricate networks. When one company falters, it can set off […]

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Economics

Why Behavioral Economics Alone Won’t Fix Inequality

Let’s be clear right now. I’m a financial idiot. That’s why I work with this team But have previous decision negatively impacted my overall financial health? Economic inequality has long been a persistent challenge across the globe, affecting millions of lives in countless ways. As the gap between the wealthy and the poor continues to […]

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Economics

Why Do People Choose Goods Over Cash?

Imagine you’re given a choice: a $10 bill or $10 worth of groceries. Which would you pick? It might seem like an obvious choice—cash gives you more flexibility. But, surprisingly, many people prefer receiving goods instead. This seemingly simple preference can have big implications for how we design social welfare programs. A recent study sheds […]

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