• article | October 01, 2013 |

    Forget The Wealth Effect

    It’s Time to Focus on The Income Effect to Understand the Sluggish Economy

    Peter W. Atwater
    The “wealth effect” concept is remarkably simple: spending increases (decreases) as perceived wealth increases (decreases). When people perceive th...
  • article | September 18, 2013 |

    Broadband and Education

    New America
    Access to the Internet is increasingly critical to success both inside and outside of the classroom. Students, parents, and teachers across the Uni...
  • article | September 13, 2013 |

    Looking Back at the Financial Crisis

    The Role of Saturating Overconfidence

    Peter W. Atwater
    It has been five years since the failure of Lehman Brothers and the beginning of the global financial crisis. Over this time, dozens of books have ...