Economic models often assume households behave as a single decision-making unit. Does this mirror reality?

Taha Choukhmane (@mitsloan.bsky.social), Lucas Goodman (U.S. Treasury) & @cormacodea.bsky.social (Yale) on the retirement savings of U.S. couples:

youtu.be/eHowMVi5MoA

Economics Walks - Google My Maps London has had a major role in the history of economics. Some of its most important figures (Ricardo, Bentham, Mill) were born and lived their lives in London. Some (Marshall) were born there but wen...

Photo taken for @ianpreston.bsky.social 's Economics Walks: bit.ly/econwalks

On the topic of Irish economists and graves: John Elliot Cairnes is buried in the Paddington Old Cemetery in Kilburn. Alas, with no gravestone anymore. Though I was able to find the spot:

Dimensions of Inequality: The IFS Deaton Review @TheIFS The whole evidence volume of the Review, including all the remarkable articles examining the many dimensions of inequality, published open access by OUP at academic.oup.com/ooec/issue/3...